City School District of the City of Poughkeepsie, New York
CUSIP 738646GX0
- Issue Currency: United States of America Dollars
- Announcement Date: 08-Jan-2018
- News: On January 8, 2018, S&P Global Ratings withdrew the School Districts Bonds A rating with stable outlook that was based on the New York State Aid Intercept Program, following S&Ps determination that the S&P State Credit Enhancement Program criteria were misapplied, as detailed in the attached S&P press release. The S&P Underlying Rating of the School District, therefore, has been effectively downgraded to an A- with stable outlook. This rating is based on the primary General Obligation pledge of the bonds. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 22-Jan-2018
- News: On January 8, 2018, S&P Global Ratings withdrew the School Districts Bonds A rating with stable outlook that was based on the New York State Aid Intercept Program, following S&Ps determination that the S&P State Credit Enhancement Program criteria were misapplied, as detailed in the attached S&P press release. The S&P Underlying Rating of the School District, therefore, has been effectively downgraded to an A- with stable outlook. This rating is based on the primary General Obligation pledge of the bonds. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 18-Jan-2018
- News: On December 14, 2017, Moodys Investors Service upgraded the enhanced rating on the School Districts $5,000,000 Serial Bonds, 2012 and $26,480,000 Serial Bonds, 2006, in conjunction with Moodys updated methodology for rating State Aid Intercept Programs and Financings. The enhanced rating has been upgraded from an A3 to an Aa3. The underlying rating of the School District is not affected by this change. For Bond Document please visit www.BondPDF.com
