CUSIP 826482BV2
- ISIN: US826482BV23
- Entity Name: Sierra Sands Unified School District
- Sector: Municipal Agency
- Announcement Date: 24-Jan-2018
- Effective Date: 17-Jan-2018
- Issue Date: *****
- Maturity Date: 01-May-2031
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Rating Downgrade
- News: The Sierra Sands Unified School District hereby provides notice of a significant event regarding a rating change to the bond insurer of the Sierra Sands Unified School District (Kern County, California) General Obligation Bonds (Election of 2006), Series 2006A (the Bonds). On January 17, 2018, Moodys Investors Service (Moodys) downgraded its financial strength ratings on National Public Finance Guaranty (NPFG), formerly known as MBIA Insurance Corp., from A3 to Baa2. The Bonds are insured by NPFG. The rating on the Bonds is the higher of the underlying rating and the insured rating. As a consequence, the rating of the Bonds remains the underlying rating, Aa3. Further information regarding the rating action may be obtained from Moodys. For Bond Document please visit www.BondPDF.com
- Description: Municipal Name: Sierra Sands Unified School District CUSIP: 826482BV2 Currency: USD Sierra Sands Unified School District announced today that the Moody’s Investors Service has downgraded the financial strength ratings of the Series 2006A, General Obligation Bonds from A3 to Baa2 on January 17, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US826482BV23
