CUSIP 667736JZ6

  • ISIN: US667736JZ64
  • Entity Name: Northwest Park Municipal Utility District
  • Sector: Municipal Agency
  • Announcement Date: 12-Jan-2018
  • Effective Date: 05-Dec-2017
  • Issue Date: *****
  • Maturity Date: 01-Mar-2031
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: On December 1, 2017, S&P Global Ratings (S&P) affirmed and then withdrew its A rating of National Public Financial Guarantee Corp (NPFGC). On December 5, 2017, the Kroll Bond Rating Agency (KBRA) downgraded NPFGC from AA+ to AA, and then withdrew its rating of NPFGC. NPFGC issued a municipal bond insurance policy for the Bonds, which Bonds were rated by S&P and KBRA. Ratings on securities that are guaranteed or ""wrapped"" by a financial guarantor are maintained at a level equal to the higher of a) the rating of the guarantor or b) the published underlying rating. The published underlying rating of the Issuer by S&P is A+, such that following the withdrawal of the ratings of NPFGC by S&P and KBRA, the Bonds are downgraded to the S&P rating of A+. For Bond Document please visit
  • Description: Municipal Name: Northwest Park Municipal Utility District CUSIP: 667736JZ6 Currency: USD Northwest Park Municipal Utility District announced today that the Kroll Bond Rating Agency has downgraded the ratings of the Series 2016A, Unlimited Tax Bonds from AA+ to AA on December 5, 2017.
  • Bond Document:
  • Latest Corporate Actions:

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