Community Facilities District No. 89-5


CUSIP 752101AA3
  • Issue Currency: United States of America Dollars
  • Announcement Date: 04-Mar-2016
  • News: Municipal Name: Community Facilities District No. 89-5 CUSIP: 752101AA3 Currency: USD Community Facilities District No. 89-5 announced today that it has extend the expiration date of existing letter of credit facility issued by Wells Fargo Bank, National Association was extended to December 13, 2019 for its Series 1998 Bonds. For Bond Document please visit www.BondPDF.com
CUSIP 752101AA3
  • Issue Currency: United States of America Dollars
  • Announcement Date: 23-Feb-2018
  • News: NOTICE IS HEREBY GIVEN that on February 20, 2018, S&P Global Ratings (S&P) lowered its long-term and short-term rating on the Community Facilities District No. 89-5 (Rancon Business Center) of the Rancho California Water District Special Tax Refunding Bonds, Series 1998 to A+/A-1 from AA-/A-1+. The Bonds are secured by an irrevocable direct-pay Letter of Credit issued by Wells Fargo Bank, National Association and carry long-term and short-term enhanced ratings from S&P based on the delivery of the Letter of Credit. The Rancho California Water District (the District) is providing this notice on a voluntary basis. The District has not undertaken, and is not now undertaking an obligation, to provide additional updates with respect to rating changes on the Bonds except as specifically required under Rule 15c2-12 promulgated under the Securities Exchange Act of 1934, as amended, and other continuing disclosure undertakings entered into by the District in connection with the issuance of specific securities, if any For Bond Document please visit www.BondPDF.com



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