CUSIP 859349ER9

  • ISIN: US859349ER95
  • Entity Name: Sterling Park District, Whiteside County, Illinois
  • Sector: Municipal Agency
  • Announcement Date: 18-Jun-2018
  • Effective Date: 14-Jun-2018
  • Issue Date: *****
  • Maturity Date: 15-Dec-2020
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: The Sterling Park District, Whiteside County, Illinois (the District) has entered into one or more undertakings (the Undertakings) to file notice of certain material/reportable events with respect to such securities associated with the CUSIP number(s) referenced above (the Securities) as required by Rule 15c2-12 of the Securities Exchange Act of 1934. Among the material/reportable events for which notice is required by the Undertakings is a change in the rating on the Securities. On June 14 2018, S&P Global Ratings raised its ratings on the Districts outstanding general obligation debt to BBB from BBB-. The outlook is stable. 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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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.
  • Description: Municipal Name: Sterling Park District, Whiteside County, Illinois CUSIP: 859349ER9 Currency: USD Sterling Park District, Whiteside County, Illinois announced today that the Standard & Poor`s Rating has upgraded the ratings of the Series 2010B, General Obligation Park Bonds from BBB- to BBB on June 14, 2018.
  • Bond Document:
  • Latest Corporate Actions:

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