CUSIP 282726DY1
- ISIN: US282726DY12
- Entity Name: El Camino Community College District
- Sector: Municipal Agency
- Announcement Date: 01-Aug-2018
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Aug-2038
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Upgrade
- News: NOTICE IS HEREBY GIVEN by the District that on July 25, 2018, S&P Global Ratings upgraded the Underlying Rating of El Camino Community College District to AA+ from AA for the General Obligation Bonds with Base CUSIP No. 282726, as listed above. The credit report from S&P is attached. An explanation of the significance of the new ratings may be obtained from S&P. The new ratings reflect only the views of such rating agency and are not recommendations to buy, sell, or hold the obligations. The District makes no representation as to the appropriateness of the new ratings. There is no assurance that the new rating or ratings by any rating agency will be maintained for any given period of time or that it will not be lowered or withdrawn entirely if, in the judgment of the applicable rating agency, circumstances so warrant. The District has not undertaken any responsibility to oppose any proposed revision or withdrawal of such rating. Any change in or withdrawal of such rating could have an adverse effect on the market price or marketability of the above-referenced obligations. The information in this Material Event Notice is provided solely to comply with the Districts contractual commitment to provide notice of changes in ratings assigned to the obligations. This Material Event Notice is not made by the District in connection with a purchase or sale of the obligations and accordingly is not intended to contain all information material to a decision to purchase or sell the obligations.
- Description: Municipal Name: El Camino Community College District CUSIP: 282726DY1 Currency: USD El Camino Community College District announced today that the Standard & Poor`s Rating has upgraded the ratings of the Series 2012, Capital Appreciation Term Bonds from AA to AA+ on July 25, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US282726DY12
