CUSIP 57563CAG7


  • ISIN: US57563CAG78
  • Entity Name: Massachusetts Department of Transportation
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Rating Downgrade
  • News: This material event notice is being filed by the Massachusetts Department of Transportation (MassDOT) relating to the Massachusetts Department of Transportation Metropolitan Highway System Revenue Bonds (Subordinated), Commonwealth Contract Assistance Secured, Variable Rate Demand Obligations, 2010 Series A-1, A-2, A-3, A-6 and A-7 and the Massachusetts Department of Transportation Metropolitan Highway System Revenue Bonds (Subordinated), Commonwealth Contract Assistance Secured, 2010 Series B (collectively, the Affected Bonds) pursuant to MassDOTs continuing disclosure obligations relating to the Affected Bonds to provide notice of a rating change on the Affected Bonds. On June 9, 2017, S&P Global Ratings (S&P) downgraded the ratings on the Affected Bonds a follows: 2010 Series A-1: S&P downgraded the rating of the Bonds from AA+ to AA 2010 Series A-6: S&P downgraded the rating of the Bonds from AA+ to AA 2010 Series A-7: S&P downgraded the rating of the Bonds from AA+ to AA 2010 Series B: S&P downgraded the rating of the Bonds from AA+ to AA Also on June 9, 2017, S&P downgraded the underlying rating on the Affected Bonds as follows: 2010 Series A-2: The rating on the Bonds did not change, however, S&P downgraded the underlying rating of the Bonds from AA+ to AA. 2010 Series A-3: The rating on the Bonds did not change, however, S&P downgraded the underlying rating of the Bonds from AA+ to AA. For Bond Document please visit www.BondPDF.com
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US57563CAG78

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