CUSIP 066617GK1

• ISIN: US066617GK14
• Entity Name: Banning Unified School District
• Sector: Municipal Agency
• Announcement Date: 22-Jan-2018
• Effective Date: 22-Jan-2018
• Issue Date: *****
• Maturity Date: 01-Aug-2031
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Rating Downgrade
• News: On behalf of the Banning Unified School District (the District; Base CUSIP: 066617), notice is hereby given that on January 22, 2018 Moodys Investors Service downgraded the senior debt rating of MBIA Inc. to Ba3 from Ba1 and the insurance financial strength rating of its principal operating sub sidiary, National Public Finance Guarantee Corporation (National), to Baa2 from A3. The bonds captioned above are insured by National or a sub sidiary of National. This notice is filed on the Municipal Securities Rulemaking Boards Electronic Municipal Market Access system for the captioned bonds pursuant to the Continuing Disclosure Certificate executed and delivered by the District on the bonds. For further information on the rating change described herein, please contact Moodys at www.moodys.com). For Bond Document please visit www.BondPDF.com
• Description: Municipal Name: Banning Unified School District CUSIP: 066617GK1 Currency: USD Banning Unified School District announced today that the Moody`s Investors Service has downgraded the senior debt rating of the Series 2006A, General Obligation Bonds from Ba1 to Ba3 on January 22, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US066617GK14