ORLANDO-With tourist attendance gradually increasing in the past three months, Walt Disney World Co. today has also received encouraging financial news from Standard & Poor’s Corp.

The New York-based bond-rating agency is upgrading the ranking of $65 million in newly issued utility revenue bonds by Disney’s Reedy Creek Improvement District to stable from negative. The bonds, which went on sale June 16, carry an A- rating.

Reedy Creek Improvement District is a 39-square-mile, self-governed entity where Disney’s 21,000 hotel rooms and 30,000 acres of attractions are located, 15 miles southwest of Downtown Orlando. Disney makes up about 85% of Reedy Creek’s enterprise revenues, according to S&P credit analyst Peter Murphy.

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