CUSIP 81926PAG0

• ISIN: US81926PAG00
• Entity Name: Town of Shalimar
• Sector: Municipal
• Announcement Date: *****
• Effective Date: *****
• Issue Date: *****
• Maturity Date: *****
• Country of Issuer: *****
• Region: N.Amer
• Issue Currency: *****
• CA Type: Rating Downgrade
• News: S&P Global Ratings lowered its rating on the town of Shalimar, Fla.`s series 2015A1 and 2015A2 multifamily housing revenue bonds, issued for Emerald Coast Housing II Inc. (ECH II), one notch to `A` from `A`. The outlook is negative. The rating action reflects S&P Global Ratings` opinion of the project`s weak fiscal 2017 financial performance, poor operating performance, poor losscoverage assessment, and relatively high loantovalue ratio.
• Description: *****
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US81926PAG00