CUSIP 434452LG1


  • ISIN: US434452LG11
  • Entity Name: Village of Hoffman Estates
  • Sector: Municipal
  • Announcement Date: 04-Dec-2018
  • Effective Date: 04-Dec-2018
  • Issue Date: *****
  • Maturity Date: 01-Dec-2027
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: The Village of Hoffman Estates, Cook and Kane Counties, Illinois (the Village) has entered into one or more undertakings (the Undertakings) to file notice of the occurrence of certain reportable events with respect to such securities associated with the CUSIP number(s) referenced above (the Securities) in accordance with Rule 15c2-12 of the Securities Exchange Act of 1934. Among the reportable events for which notice is required by the Undertakings is a change in the rating on the Securities. On December 4, 2018, Moodys Investors Service downgraded its rating on the Villages general obligation bonds to Aa3 from Aa2 (Negative Outlook). A rating reflects only the view of the rating agency assigning that rating, and any explanation of the meaning or significance of a rating may be obtained from that rating agency. There can be no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant. Any lowering or withdrawal of a rating may have an adverse effect on the marketability or market price of the affected bonds. For Bond Document please visit www.BondPDF.com
  • Description: Municipal Name: Village of Hoffman Estates CUSIP: 434452LG1 Currency: USD Village of Hoffman Estates announced today that the Moody s Investors Service has downgraded the ratings of the Series 2016, General Obligation Refunding Bonds from Aa2 to Aa3 on December 4, 2018.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US434452LG11

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