CUSIP 86606KAT9
- ISIN: US86606KAT97
- Entity Name: Summit County Port Authority
- Sector: Municipal Agency
- Announcement Date: *****
- Effective Date: *****
- Issue Date: *****
- Maturity Date: *****
- Country of Issuer: *****
- Region: N.Amer
- Issue Currency: *****
- CA Type: Rating Upgrade
- News: The Development Finance Authority of Summit County, Ohio (the Authority) reports the following material event in accordance with covenants made in the Authoritys continuing disclosure agreements under Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. Reported Event: Rating Upgrade of the Development Finance Authority of Summit Countys development revenue bonds issued in the Authoritys Jobs & Investment Fund Program by S&P Global Ratings (S&P). On August 27, 2018, S&P raised its long-term rating to `A-` from `BBB+` on the Development Finance Authority of Summit Countys outstanding development revenue bonds issued in the Authoritys Jobs & Investment Fund Program. 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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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. Questions regarding this material event notice should be directed to: President, Development Finance Authority of Summit County, 47 North Main Street, Suite 407, Akron, Ohio 44308.
- Description: *****
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US86606KAT97