CUSIP 876014GE5

  • ISIN: US876014GE54
  • Entity Name: Taos Municipal School District No. 1
  • Sector: Municipal
  • Announcement Date: 26-Jun-2018
  • Effective Date: 19-Jun-2018
  • Issue Date: *****
  • Maturity Date: 01-Sep-2027
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Downgrade
  • News: This notice is being sent to the Municipal Securities Rulemaking Board (MSRB) through the MSRBs Electronic Municipal Market Access system (EMMA) pursuant to the Securities and Exchange Commission Rule 15c2-12(b)(5)(i)(C) and the continuing disclosure undertakings with respect to each series of bonds identified below (Bonds) issued by the Taos Municipal School District No. 1 (District). On June 19, 2018, Moodys Investors Service (Moodys) downgraded the New Mexico School District Enhancement Program from Aa2 to Aa3. Consequently, the enhanced rating on the Districts General Obligation Bonds is currently Aa3. For a description of the New Mexico School District Enhancement Program please refer to the respective Official Statement for the Bonds. For additional information, please contact Moodys Investors Service. This Notice of Material Event is provided to comply with the Rule and the Districts CDUs. This Notice is not intended to contain all information material to a decision to purchase or sell the Districts Bonds. This Notice does not, and is not intended to provide disclosure as to the financial condition or operations of the District, and no representation is made as to the materiality of the information provided in this Material Event Notice.
  • Description: Municipal Name: Taos Municipal School District No. 1 CUSIP: 876014GE5 Currency: USD Taos Municipal School District No. 1 announced today that the Moody’s Investors Service has downgraded the ratings of the Series 2010A, General Obligation School Building bonds from Aa2 to Aa3 on June 19, 2018.
  • Bond Document:
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