CUSIP 039069CP2
- ISIN: US039069CP21
- Entity Name: Arcadia Unified School District
- Sector: Municipal Agency
- Announcement Date: 24-Jan-2018
- Effective Date: 17-Jan-2018
- Issue Date: *****
- Maturity Date: 01-Nov-2021
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: The Arcadia Unified School District hereby provides notice of a significant event regarding a rating change to the bond insurer of the Arcadia Unified School District (County of Los Angeles, California) 1993 Election General Obligation Bonds, Series C (the Bonds). On January 17, 2018, Moodys Investors Service (Moodys) downgraded its financial strength ratings on National Public Finance Guaranty (NPFG), formerly known as MBIA Insurance Corp., from A3 to Baa2. The Bonds are insured by NPFG. Moodys does not maintain an underlying rating on the Bonds. As a consequence, the rating of the Bonds was downgraded to Baa2. Further information regarding the rating action may be obtained from Moodys For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: Arcadia Unified School District CUSIP: 039069CP2 Currency: USD Arcadia Unified School District announced today that the Moody’s Investors Service has downgraded the financial strength ratings of the Series 1993C, General Obligation Bonds from A3 to Baa2 on January 17, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US039069CP21
