CUSIP 248094BG8
- ISIN: US248094BG86
- Entity Name: Deming Public School District No. 1
- Sector: Municipal Agency
- Announcement Date: 18-Jun-2018
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Aug-2019
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: Moody`s Investors Service has downgraded to Aa2 from Aa1 the rating on the State of New Mexico`s general obligation bonds and revised the outlook to stable from negative. This action affects approximate $260 million outstanding general obligation bonds. We have also downgraded to Aa3 from Aa2 the programmatic rating on the New Mexico School District Intercept Program, and to Aa3 from Aa2 the rating on the state`s only outstanding series of lease appropriation bonds. Moody`s maintains the Aa1 rating and stable outlook on the state`s senior lien transportation revenue bonds. This rating incorporates a number of credit strengths considered in our special tax methodology, including, but not limited to, the strong legal separation between the pledged transportation revenues and the state`s general fund.
- Description: Municipal Name: Deming Public School District No. 1 CUSIP: 248094BG8 Currency: USD Deming Public School District No. 1 announced today that the Moody`s Investors Service has downgraded the ratings of the Series 2016B, General Obligation School Bonds from Aa1 to Aa2.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US248094BG86
