Oxford Academy and Central School District, Chenango County, New York
CUSIP 69138SAX6
- Issue Currency: United States of America Dollars
- Announcement Date: 31-Jan-2018
- News: On January 17, 2018, Moodys lowered its financial strength rating on National Public Finance Guarantee (NPFG) to Baa2 from `A3` and its long-term counterparty credit rating on MBIA Inc. to `Ba3` from `Ba1. The outlooks are stable. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 22-Jan-2018
- News: As required under S.E.C. Rule 15c2-12, the above referenced District is filing a Material Event Notice due to a rating withdrawal made by S&P Global Ratings to bonds issued by the District, as listed below. On January 8, 2018, S&P Global Ratings (S&P) withdrew its ratings on various Indiana, New York, and Virginia local government issues that were based on State Aid Intercept programs following their determination that they misapplied the State Credit Enhancement Programs criteria. S&P had previously assigned these issues `A` state credit enhanced ratings. The District does not currently have an underlying rating with S&P. Bond Issue Name: Insured by: $18,650,000 School District (Serial) Bonds, 2004 NPFG (1) For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 22-Jan-2018
- News: As required under S.E.C. Rule 15c2-12, the above referenced District is filing a Material Event Notice due to a rating withdrawal made by S&P Global Ratings to bonds issued by the District, as listed below. On January 8, 2018, S&P Global Ratings (S&P) withdrew its ratings on various Indiana, New York, and Virginia local government issues that were based on State Aid Intercept programs following their determination that they misapplied the State Credit Enhancement Programs criteria. S&P had previously assigned these issues `A` state credit enhanced ratings. The District does not currently have an underlying rating with S&P. Bond Issue Name: Insured by: $18,650,000 School District (Serial) Bonds, 2004 NPFG (1) For Bond Document please visit www.BondPDF.com
