CUSIP 68428VCQ3
- ISIN: US68428VCQ32
- Entity Name: Orange County Public Financing Authority
- Sector: Municipal Agency
- Announcement Date: 05-Dec-2017
- Effective Date: 01-Dec-2017
- Issue Date: *****
- Maturity Date: 01-Jun-2018
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Withdrawal
- News: THIS NOTICE OF CERTAIN SIGNIFICANT EVENTS RATING CHANGES, dated December 5, 2017 (the Notice) has been prepared to satisfy the obligations of the County of Orange, a political subdivision of the State of California (the County) with respect to the County of Orange Taxable Refunding Pension Obligation Bonds, Series 1997A (the 1997A Bonds) and the Orange County Public Financing Authority Lease Revenue Bonds, Series 2006 (the 2006 Bonds). NOTICE IS HEREBY GIVEN that on December 1, 2017, S&P Global Ratings (S&P) withdrew its rating on National Public Finance Guarantee Corp. (National), the current financial guaranty insurer for the 1997A Bonds and the 2006 Bonds. As a result of the withdrawal, there is currently no S&P insured rating on the 1997A Bonds, and the S&P insured rating on the 2006 Bonds reflects the S&P underlying rating on the 2006 Bonds of AA For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: Orange County Public Financing Authority CUSIP: 68428VCQ3 Currency: USD Orange County Public Financing Authority announced today that the Standard and Poor’s Rating has withdrawn the underlying ratings of the Series 2006 Lease Revenue Bonds from AA on December 1, 2017.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US68428VCQ32
