Moody's Ratings downgrades Cullman City Board of Education, AL's GOLT rating to A1, assigns A1 rating to the Series 2024-A Warrants and Aa3 rating to the Series 2024-B Warrants; affirms Aa3 issuer rating
Moody's Ratings (Moody's) has downgraded Cullman City Board of Education, AL's ("the district") general obligation limited tax (GOLT) rating to A1 from Aa3. The outstanding rated debt affected by this downgrade are the district's 2014-A, 2020 and 2022-C warrants. Concurrently, we have affirmed the d...
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