CUSIP 879709E25

• ISIN: US879709E250
• Entity Name: City of Tempe, Arizona
• Sector: Municipal
• Announcement Date: 22-Aug-2018
• Effective Date: 20-Aug-2018
• Issue Date: *****
• Maturity Date: 01-Jan-2021
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Rating Upgrade
• News: The City of Tempes (Aa1 stable) credit profile benefits from the city`s large tax base and participation in the Phoenix metro economy along with stability from Arizona State University. The city`s financial position remains healthy with support from growth in excise taxes and property taxes as well as prudent budget management. The city`s debt, pension and fixed costs burdens are elevated but manageable. On August 20, we upgraded to Aa2 from Aa3 the outstanding bonds for the city`s Pier at Town Lake Improvement District 180. For Bond Document please visit www.BondPDF.com
• Description: Municipal Name: City of Tempe, Arizona CUSIP: 879709E25 Currency: USD City of Tempe, Arizona announced today that the Moody`s Investors Service has upgraded the ratings of the Series 2008, Improvement Bonds from Aa3 to Aa2 on August 20, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US879709E250