• ISIN: US81926PAM77
  • 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:
  • Latest Corporate Actions:

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