Union Elementary School District

• Issue Currency: United States of America Dollars
• Announcement Date: 19-Jan-2018
• News: NOTICE IS HEREBY GIVEN that on January 17, 2018, Moodys Investors Service (Moodys) downgraded its long-term credit rating on MBIA Inc. to Ba3 from Ba1 and its financial strength rating on National Public Finance Guarantee Corp. to Baa2 from A3 while affirming its Caa1 financial strength rating on MBIA Insurance Corp. (collectively, Insurer). These ratings reflect only the views of Moodys and any desired explanation of the significance of these ratings should be obtained from Moodys. For more information regarding these changes, please contact Moodys. For Bond Document please visit www.BondPDF.com

• Issue Currency: United States of America Dollars
• Announcement Date: 16-Jan-2018
• News: NOTICE IS HEREBY GIVEN that on January 17, 2018, Moodys Investors Service (Moodys) downgraded its long-term credit rating on MBIA Inc. to Ba3 from Ba1 and its financial strength rating on National Public Finance Guarantee Corp. to Baa2 from A3 while affirming its Caa1 financial strength rating on MBIA Insurance Corp. (collectively, Insurer). These ratings reflect only the views of Moodys and any desired explanation of the significance of these ratings should be obtained from Moodys. For more information regarding these changes, please contact Moody. For Bond Document please visit www.BondPDF.com