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This Preliminary Official Statement and the information contained herein are subject to completion and revision in a final Official Statement. Under no circumstances shall this Preliminary Official
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Moody's 'C' rating indicates that a security or issuer is in default and is potentially facing bankruptcy.
Entities that have securities rated by Moody's that are in default typically file information related to their status.
Filling out Moody's 'C' rating involves providing accurate financial data, disclosures on default status, and any pertinent changes in circumstances affecting the rating.
The purpose of Moody's 'C' rating is to inform investors about the default status of securities and the associated risks.
Information that must be reported includes details on the default event, financial health of the issuer, and any restructuring plans.
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