CUSIP 81926PAH8

• ISIN: US81926PAH82
• Entity Name: Town of Shalimar
• Sector: Municipal
• Announcement Date: 25-Apr-2018
• Effective Date: *****
• Issue Date: *****
• Maturity Date: 01-Oct-2045
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• 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: Municipal Name: Town of Shalimar CUSIP: 81926PAH8 Currency: USD Town of Shalimar announced today that Standard & Poor`s Ratings has downgraded the rating of the Series 2015A-1, Multi-Family Housing Revenue Refunding Bonds from A to A-.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US81926PAH82