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no assurance that a rating when assigned will continue for any given period of time or that it will not be lowered or withdrawn entirely by a rating agency if, in its judgment, circumstances so warrant.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

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