CUSIP 630360EB7

  • ISIN: US630360EB76
  • Entity Name: Napa Valley Community College District
  • 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 Notice of Occurrence of Listed Event (Notice) has been prepared to satisfy the obligations of the Napa Valley Community College District (the District) pursuant to Section 5 of that certain Continuing Disclosure Certificate, dated August 2, 2007 (the Disclosure Certificate), executed and delivered by the District, in connection with the execution and delivery of the Districts $43,799,997.15 General Obligation Bonds, Election of 2002, Series C (the Bonds), and the requirements of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. The following information is being provided as required by the Disclosure Certificate in order to comply with the Districts obligations to notify owners of the Bonds, the participating underwriters, and the Repository of the occurrence of a Listed Event. At issuance, the Bonds were insured by MBIA Insurance Corporation (which was reinsured by National Public Finance Guarantee Corporation (NPFGC)). On December 5, 2017, Kroll Bond Rating Agency downgraded its insurance financial strength rating on NPFGC from AA+ to AA and subsequently withdrew the rating citing business reasons. On January 17, 2018, Moodys Investors Service downgraded its insurance financial strength rating on NPFGC from A3 to Baa2. Information from the rating agencies regarding the ratings actions may be obtained from such rating agencies. This Notice may contain information material to bond owners and does not purport to contain all material information with respect to the Bonds or the financial condition of the District. The information contained in the Notice is not guaranteed as to accuracy or completeness. For Bond Document please visit
  • Description: *****
  • Bond Document:
  • Latest Corporate Actions:

Data Unleashed

All of the Municipal Disclosure provided on MuniAlerts are sourced from FactEntry.

This website can be best viewed in all latest versions of Google Chrome or Firefox.
© FactEntry 2021