CUSIP 306477KS8
- ISIN: US306477KS84
- Entity Name: Fallbrook Union High School District
- Sector: Municipal Agency
- Announcement Date: 24-Jan-2018
- Effective Date: 17-Jan-2018
- Issue Date: *****
- Maturity Date: 01-Sep-2019
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: The Fallbrook Union High School District hereby provides notice of a significant event regarding a rating change to the bond insurer of the Fallbrook Union High School District 1998 General Obligation Refunding Bonds (the Bonds). On January 17, 2018, Moodys Investors Service (Moodys) downgraded its financial strength ratings on National Public Finance Guaranty (NPFG), formerly known as MBIA Insurance Corp., from A3 to Baa2. The Bonds are insured by NPFG. The rating on the Bonds is the higher of the underlying rating and the insured rating. As a consequence, the rating of the Bonds remains the underlying rating, Aa3. Further information regarding the rating action may be obtained from Moodys. For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: Fallbrook Union High School District CUSIP: 306477KS8 Currency: USD Fallbrook Union High School District announced today that the Moody’s Investors Service has downgraded the financial strength ratings of the Series 1998, General Obligation Refunding 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/US306477KS84
