CUSIP 704883HH3

• ISIN: US704883HH37
• Entity Name: City of Pearland
• Sector: Municipal
• Announcement Date: 23-Jan-2018
• Effective Date: 17-Jan-2018
• Issue Date: *****
• Maturity Date: 01-Sep-2031
• 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 Pearland, 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 January 17, 2018, Moodys Investors Service (Moodys) downgraded the Insurer Financial Strength rating of National Public Finance Guarantee Corp. (National) from A3 to Baa2. For further information, please contact Moodys. For Bond Document please visit www.BondPDF.com
• Description: Municipal Name: City of Pearland CUSIP: 704883HH3 Currency: USD City of Pearland announced today that the Moody’s Investors Service has downgraded the Insurer Financial Strength ratings of the Series 2007, Water and Sewer System Revenue Bonds from A3 to Baa2 on January 17, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US704883HH37