CUSIP 236505GQ0


  • ISIN: US236505GQ04
  • Entity Name: City of Danville, Illinois
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Rating Downgrade
  • News: The City of Danville, Vermilion County, Illinois (the City), pursuant to issuing its General Obligation Bonds, Series 2007, and General Obligation Bonds, Series 2009 (collectively, the Bonds), entered into undertakings (the Undertakings) to file notice of certain material events with respect to such securities 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 Citys bond rating. In accordance with the Undertakings, notice is hereby given to owners of the Bonds that on February 9, 2018, Moodys Investors Service, Inc. (Moodys) downgraded the underlying credit rating of the Bonds from Baa2 (Negative Outlook) to Baa3 (Stable Outlook). Any explanation of the significance of such ratings can be obtained from Moodys. For Bond Document please visit www.BondPDF.com
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US236505GQ04

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