CUSIP 699347KR0

• ISIN: US699347KR08
• Entity Name: Board of Education of the Borough of Paramus/The
• Sector: Municipal Agency
• Announcement Date: 21-Jun-2018
• Effective Date: *****
• Issue Date: *****
• Maturity Date: 01-Apr-2021
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Rating Downgrade
• News: Shamong Township School District Burlington County June 07, 2018 Relates To: Issuer Insurer Other Credit Enhancement Program Name of Insurer or Program: NJ School Bond Reserve Program Standard & Poors Moody`s Investor Service Fitch Investors Service Kroll Bond Agency Rating Agency: From: A- To: BBB+ Phoenix Advisors, LLC 4 W. Park Street Bordentown, NJ 08505 Phone: 609.291.0130 E-Mail: compliance@muniadvisors.com Filing Date: June 21, 2018 Filed By: This Notice has been associated with all CUSIPs believed to be affected by this Material Event. ISSUER UNDERLYING RATING IS NOT AFFECTED BY THIS CHANGE
• Description: Municipal Name: Board of Education of the Borough of Paramus/The CUSIP: 699347KR0 Currency: USD Board of Education of the Borough of Paramus/The announced today that the Standard & Poor`s Rating has downgraded the ratings of the Series 2012, Refunding bonds from A- to BBB+.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US699347KR08