ISIN: US053413CB47

Name of Issuer: Avalon Community Improvement Agency

Sector: Municipal Agency

Country of Domicile: United States

Notes: Municipal Name: Avalon Community Improvement Agency CUSIP: 053413CB4 Currency: USD Avalon Community Improvement Agency announced today that the Moody?s Investors Service has downgraded the financial strength ratings of the Series 2003A, Tax Allocation Bonds from A3 to Baa2 on January 17, 2018.

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• Action Type: Rating Downgrade
• Announcement Date: 14-Feb-2018
• Effective Date: 17-Jan-2018
• Issue Currency: USD
• Maturity Date: 2034
• Issue Date: *****
• Amount Outstanding: *****
• Coupon Type: Fixed

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