CUSIP 523354HP6


  • ISIN: US523354HP64
  • Entity Name: School District Number 170
  • Sector: Municipal Agency
  • Announcement Date: 29-Mar-2019
  • Effective Date: 28-Mar-2019
  • Issue Date: *****
  • Maturity Date: 30-Jan-2034
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: School District Number 170, Lee and Ogle Counties, Illinois (the District) has entered into one or more undertakings (the Undertakings) to file notice of certain material/reportable events with respect to such securities associated with the CUSIP number(s) referenced above (the Securities) as required by Rule 15c2-12 of the Securities Exchange Act of 1934. Among the material/reportable events for which notice is required by the Undertakings is a change in the rating on the Securities. On March 28, 2019, Moodys Investors Service downgraded the Districts outstanding general obligation unlimited tax bonds to A2 from A1 and removed the 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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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.
  • Description: Municipal Name: School District Number 170 CUSIP: 523354HP6 Currency: USD School District Number 170 announced today that the Moody s Investors Service has downgraded the ratings of the Series 2018A, General Obligation Bonds from A1 to A2 on March 28, 2019.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US523354HP64

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