CUSIP 7131766K6
- ISIN: US7131766K61
- Entity Name: City of Peoria, Illinois
- Sector: Municipal
- Announcement Date: 23-Jan-2018
- Effective Date: 19-Jan-2018
- Issue Date: *****
- Maturity Date: 01-Jan-2037
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: The City of Peoria, Peoria County, Illinois (the City) has entered into one or more undertakings (the Undertakings) to file notice of certain material/reportable events with respect to such securities associated with the CUSIP number(s) referenced above (the Securities) as required by Rule 15c2-12 of the Securities Exchange Act of 1934. Among the material/reportable events for which notice is required by the Undertakings is a change in the rating on the Securities. On January 19, 2018, Moodys Investor Service lowered its rating on the Citys unlimited tax (GOULT) Securities to A2 (stable outlook) from A1 (negative outlook). A rating reflects only the view of the rating agency assigning that rating, and any explanation of the meaning or significance of a rating may be obtained from that rating agency. There can be no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant. Any lowering or withdrawal of a rating may have an adverse effect on the marketability or market price of the affected bonds. For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: City of Peoria, Illinois CUSIP: 7131766K6 Currency: USD City of Peoria, Illinois announced today that the Moody’s Investors Service has downgraded the ratings of the Series 2015C, Taxable General Obligation Bonds from A1 to A2 on January 19, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US7131766K61
