CUSIP 214435FR5
- ISIN: US214435FR55
- Entity Name: School District Number 102, Illinois
- Sector: Municipal Agency
- Announcement Date: 29-Jan-2018
- Effective Date: 17-Jan-2018
- Issue Date: *****
- Maturity Date: 01-Dec-2020
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: School District Number 102, Cook County, Illinois, pursuant to issuing its Capital Appreciation School Bonds, Series 2001 and Capital Appreciation Limited Tax School Bonds, Series 2004 (collectively, the Bonds), entered into continuing disclosure undertakings (the Undertakings) to file notice of certain material events with respect to the Bonds as required by Rule 15c2-12 of the Securities Exchange Act of 1934. Among the material events for which notice is required by the Undertakings is a change in the bond rating with respect to the Bonds. In accordance with the Undertakings, notice is hereby given to owners of the Bonds that on January 17, 2018, Moodys Investors Service (Moodys) downgraded the credit rating of National Public Finance Guarantee Corporation (NPFG), from A3 to Baa2. (NPFG provides a bond insurance policy insuring the payment of the Bonds. Any explanation of the significance of such ratings can be obtained from Moodys. For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: School District Number 102, Illinois CUSIP: 214435FR5 Currency: USD School District Number 102, Illinois announced today that the Moody’s Investors Service has downgraded the credit ratings of the Series 2001, Capital Appreciation School 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/US214435FR55
