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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US859349ER95
