CUSIP 892396BR2

  • ISIN: US892396BR26
  • Entity Name: Tracy Operating Partnership Joint Powers Authority
  • Sector: Municipal Agency
  • Announcement Date: 16-Oct-2018
  • Effective Date: 11-Oct-2018
  • Issue Date: *****
  • Maturity Date: 01-Oct-2038
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Rating Upgrade
  • News: This Notice of Occurrence of Listed Event (Notice) has been prepared to satisfy the obligations of the City of Tracy (the City), pursuant to Section 5 of that certain Continuing Disclosure Certificate, dated December 16, 2008 (the Disclosure Certificate), executed by the City, in connection with the delivery of the Tracy Operating Partnership Joint Powers Authoritys (the Authority) $19,765,000 principal amount of 2008 Lease Revenue Bonds (Refunding and Capital Improvement Projects) (the Bonds) and the requirements of Rule 15c2-12 of the Securities Exchange Act of 1934, as amended. The following information is being provided as required by the Disclosure Certificate in order to comply with the Citys obligations to notify owners of the Bonds, the participating underwriters, and the Repository of the occurrence of a Listed Event. On October 11, 2018, S&P Global Ratings (formerly Standard & Poors Ratings Services) upgraded its Underlying Rating on the Bonds to AA- from A+. Information from the rating agencies regarding the ratings actions may be obtained from such rating agencies. This Notice may contain information material to bond owners and does not purport to contain all material information with respect to the Bonds or the financial condition of the City. The information contained in the Notice is not guaranteed as to accuracy or completeness.
  • Description: Municipal Name: Tracy Operating Partnership Joint Powers Authority CUSIP: 892396BR2 Currency: USD Tracy Operating Partnership Joint Powers Authority announced today that the Standard & Poor s Ratings has upgraded the underlying ratings of the Series 2008, Lease Revenue Bonds from A+ to AA- on October 11, 2018.
  • Bond Document:
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