CUSIP 13012AAR7


  • ISIN: US13012AAR77
  • Entity Name: City of Lynwood
  • Sector: Municipal
  • Announcement Date: 21-Nov-2018
  • Effective Date: 21-Nov-2018
  • Issue Date: *****
  • Maturity Date: 01-Jun-2039
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: This Notice of Occurrence of Listed Event (Notice) has been prepared to satisfy the obligations of the City of Lynwood (the City), pursuant to Section 5 of that certain Continuing Disclosure Agreement, dated December 18, 2012 (the Disclosure Agreement), executed by the City, in connection with the delivery of the $6,850,000 California Communities Local Measure R Sales Tax Revenue (Installment Sale) Certificates of Participation, Series 2012 (T.R.I.P. Total Road Improvement Program) (the Certificates) and the requirements of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. The following information is being provided as required by the Disclosure Agreement in order to comply with the Citys obligations to notify owners of the Certificates, the participating underwriters, and the Repository of the occurrence of a Listed Event. On November 21, 2018, S&P Global Ratings (formerly Standard & Poors Ratings Services) upgraded its Underlying Rating on the Certificates to AA- from A+. Information from the rating agencies regarding the ratings actions may be obtained from such rating agencies. This Notice may contain information material to certificate owners and does not purport to contain all material information with respect to the Certificates or the financial condition of the City. The information contained in the Notice is not guaranteed as to accuracy or completeness.
  • Description: Municipal Name: City of Lynwood CUSIP: 13012AAR7 Currency: USD City of Lynwood announced today that the Standard & Poor s Ratings has upgraded the underlying ratings of the Series 2012, Certificates of Participation from A+ to AA- on November 21, 2018.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US13012AAR77

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