CUSIP 696882DK2

• ISIN: US696882DK27
• Entity Name: City of Palmer, Texas
• Sector: Municipal
• Announcement Date: 16-Aug-2018
• Effective Date: 14-Aug-2018
• Issue Date: *****
• Maturity Date: 01-Jul-2019
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Rating Downgrade
• News: This Notice is being provided by the City of Palmer, Texas (the Issuer), pursuant to the requirement of Rule 15c2- 12 (the Rule) of the Securities and Exchange Commission, as notification of occurrence of the following material event as defined in paragraph (b)(5)(i)(C) of the Rule. On March 5, 2014, the underlying rating for the above referenced debt of the Issuer, as assigned by S&P Global Ratings was increased to A+ from A-. On August 14, 2018 the underlying rating for the above referenced debt of the Issuer, as assigned by S&P Global Ratings has been lowered to A- from A+.
• Description: Municipal Name: City of Palmer, Texas CUSIP: 696882DK2 Currency: USD City of Palmer, Texas announced today that the Standard & Poor`s Rating has downgraded the underlying ratings of the Series 2009, General Obligation Refunding Bonds from A+ to A- on August 14, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US696882DK27