Bear Valley Unified School District


CUSIP 073842EE2
  • Issue Currency: United States of America Dollars
  • Announcement Date: 19-Dec-2017
  • News: The Bear Valley Unified School District hereby provides notice of a significant event regarding a rating change to the Bear Valley Unified School District (San Bernardino County, California) 2016 General Obligation Refunding Bonds (the Bonds). On December 5, 2017, Kroll Bond Rating Agency (KBRA) downgraded the insurance financial strength rating from AA+ to AA on National Public Finance Guarantee Corp. (NPFG), a su bsidiary of MBIA Inc., assigned a Negative Outlook and subsequently withdrew the rating for business reasons. The Bonds are insured by NPFG. KBRA does not maintain an underlying rating on the Bonds. As a consequence, the KBRA rating on the Bonds has been withdrawn. Further information regarding the rating action may be obtained from KBRA. For Bond Document please visit www.BondPDF.com
CUSIP 073842EA0
  • Issue Currency: United States of America Dollars
  • Announcement Date: 19-Dec-2017
  • News: The Bear Valley Unified School District hereby provides notice of a significant event regarding a rating change to the Bear Valley Unified School District (San Bernardino County, California) 2016 General Obligation Refunding Bonds (the Bonds). On December 5, 2017, Kroll Bond Rating Agency (KBRA) downgraded the insurance financial strength rating from AA+ to AA on National Public Finance Guarantee Corp. (NPFG), a su bsidiary of MBIA Inc., assigned a Negative Outlook and subsequently withdrew the rating for business reasons. The Bonds are insured by NPFG. KBRA does not maintain an underlying rating on the Bonds. As a consequence, the KBRA rating on the Bonds has been withdrawn. Further information regarding the rating action may be obtained from KBRA. For Bond Document please visit www.BondPDF.com
CUSIP 073842EF9
  • Issue Currency: United States of America Dollars
  • Announcement Date: 06-Jul-2017
  • News: On June 26, 2017, S&P Global Ratings (S&P) downgraded its financial strength rating on National Public Finance Guarantee (NPFG), formerly known as MBIA Insurance Corp., from AA- to A. The Bonds are insured by NPFG. The rating on the Bonds is the higher of the underlying rating and the insured rating. As a consequence, the rating of the Bonds was downgraded to the underlying rating, A+. For Bond Document please visit www.BondPDF.com



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