CUSIP 734195AK6
- ISIN: US734195AK62
- Entity Name: Port of Greater Cincinnati Development Authority
- Sector: Municipal Agency
- Announcement Date: 04-Feb-2019
- Effective Date: 04-Feb-2019
- Issue Date: *****
- Maturity Date: 15-Nov-2038
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Upgrade
- News: The Dayton-Montgomery County Port Authority and the Port of Greater Cincinnati Development Authority (the Authorities), each an Ohio port authority, report the following material event in accordance with covenants made in the Authorities continuing disclosure agreements under Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. Reported Event: Rating Upgrade of Authorities bonds issued in the Authorities Southwest Ohio Regional Bond Fund by S&P Global Ratings (S&P). On February 4, 2019, S&P raised its long-term rating to A- from BBB+ on outstanding bonds issued in the Authorities Southwest Ohio Regional Bond Fund, a list of which is attached hereto. 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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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. Questions regarding this material event notice should be directed to: President, Port of Greater Cincinnati Development Authority, 3 East Fourth St., Suite 300, Cincinnati, Ohio, 45202 or President, Dayton-Montgomery County Port Authority, 8 North Main St., Dayton, Ohio 45402. For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: Port of Greater Cincinnati Development Authority CUSIP: 734195AK6 Currency: USD Port of Greater Cincinnati Development Authority announced today that the Standard & Poor s Ratings has upgraded the long-term ratings of the Series 2018D, Revenue Bonds from BBB+ to A- on February 4, 2019.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US734195AK62