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OFFICIAL STATEMENT NEW ISSUES COVENTRY NURSERIES 2024A RATING: MOODY A1 SERIES 2024B BAM INSURED RATING: S&P AA SERIES 2024B UNDERLYING RATING: MOODY A1In the opinion of Gilmore & Bell, P.C., Bond
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Obtain the necessary forms from the Build America Mutual Assurance website or contact their office directly.
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Build America Mutual Assurance is a municipal bond insurance company that provides insurance for municipal securities, ensuring that issuers can meet their payment obligations to bondholders.
Municipal bond issuers that utilize Build America Mutual Assurance to insure their bonds are required to file relevant documentation with the appropriate regulatory bodies.
Filling out Build America Mutual Assurance typically involves submitting an insurance application form, financial documents, and any other required information to the insurance company for underwriting.
The purpose of Build America Mutual Assurance is to enhance the credit quality of municipal bonds, allowing issuers to access lower borrowing costs and providing security to investors.
Information that must be reported includes issuer financial statements, bond details, and compliance with any covenants or obligations associated with the insured bonds.
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