Pennsylvania (Commonwealth of) Credit Rating

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Date	Document Type	Title	Source
15 Oct 2018	Précis State	US Forecast (Northeast State)	Moody's Analytics
15 Oct 2018	Précis State	Northeast Region Summary Précis	Moody's Analytics
15 Oct 2018	Précis State	Pennsylvania Précis	Moody's Analytics
27 Apr 2018	Credit Opinion	Pennsylvania (Commonwealth of): Update to credit analysis	Moody's Investors Service
26 Apr 2018	Rating Action	Moody's assigns Aa3 to Pennsylvania's $1.2B GO Bonds, First Series of 2018; outlook stable	Moody's Investors Service
04 Apr 2018	Rating Action	Moody's assigns A2 to $201M Pennsylvania COPs; outlook stable	Moody's Investors Service
19 Jan 2018	Rating Action	Moody's assigns A1 to Pennsylvania CFA's $1.4B Tobacco MSA Revenue Bonds, Series 2018; outlook stable	Moody's Investors Service
27 Dec 2017	Credit Opinion	Pennsylvania Commonwealth Financing Authority: Update to credit analysis	Moody's Investors Service
26 Dec 2017	Rating Action	Moody's assigns A1 to Pennsylvania CFA's 2018A bonds; outlook stable	Moody's Investors Service
30 Nov 2017	New Issue	Pennsylvania Turnpike Commission: New Issue - Moody's Assigns A2 to PA Turnpike's $87.2M MLF-Enhanced Bonds, Third Ser. of 2017; Outlook Stable	Moody's Investors Service
30 Nov 2017	Rating Action	Moody's Assigns A2 to PA Turnpike's $87.2M MLF-Enhanced Bonds, Third Ser. of 2017; Outlook Stable	Moody's Investors Service
13 Nov 2017	Issuer Comment	Pennsylvania (Commonwealth of): Pennsylvania's late debt service payment has no impact on rating	Moody's Investors Service
24 Oct 2017	New Issue	Pennsylvania Turnpike Commission: New Issue - Moody's Assigns A2 to PA Turnpike's $232.5M MLF-Enhanced Bonds, Second Ser. of 2017; Outlook Stable	Moody's Investors Service
24 Oct 2017	Rating Action	Moody's Assigns A2 to PA Turnpike's $232.5M MLF-Enhanced Bonds, Second Ser. of 2017; Outlook Stable	Moody's Investors Service
20 Oct 2017	New Issue	Commonwealth of Pennsylvania: New Issue – Moody's Assigns Aa3 to Pennsylvania's GO Bonds; Outlook Stable	Moody's Investors Service
20 Oct 2017	Rating Action	Moody's Assigns Aa3 to Pennsylvania's GO Bonds; Outlook Stable	Moody's Investors Service
15 Sep 2017	Issuer Comment	Connecticut, Pennsylvania: PA, CT Budget Standoffs Have Different Implications for Short and Long Term	Moody's Investors Service
29 Jun 2017	New Issue	Pennsylvania Turnpike Commission: New Issue - Moody's Assigns A2 to PA Turnpike's $48.5M MLF-Enhanced Bonds, First Ser. of 2017; Outlook Stable	Moody's Investors Service
29 Jun 2017	Rating Action	Moody's Assigns A2 to PA Turnpike's $48.5M MLF-Enhanced Bonds, First Ser. of 2017; Outlook Stable	Moody's Investors Service
19 Jun 2017	Issuer Comment	Pennsylvania's Benefit from Shifting Pension Risks to New Hires Will Not Affect Accumulated Liabilities	Moody's Investors Service
28 Nov 2016	New Issue	Commonwealth of Pennsylvania: New Issue: Moody's assigns Aa3 to Pennsylvania's $986M 2016 GO Bonds; outlook stable	Moody's Investors Service
28 Nov 2016	Rating Action	Moody's assigns Aa3 to Pennsylvania's $986M 2016 GO Bonds; outlook stable	Moody's Investors Service
07 Oct 2016	New Issue	Pennsylvania Commonwealth Financing Authority: New Issue: Moody's Upgrades Pennsylvania's CFA Bonds to A1 from A2; Outlook Stable	Moody's Investors Service
07 Oct 2016	Rating Action	Moody's Upgrades Pennsylvania's CFA Bonds to A1 from A2; Outlook Stable	Moody's Investors Service
21 Sep 2016	New Issue	Pennsylvania Turnpike Commission: New Issue - Moody's Assigns A2 to Pennsylvania Turnpike's $190M MLF-Enhanced Bonds, First Series of 2016; Outlook Stable	Moody's Investors Service
13 Sep 2016	Rating Action	Moody's Assigns A2 to Pennsylvania Turnpike's $190M MLF-Enhanced Bonds, First Series of 2016; Outlook Stable	Moody's Investors Service
22 Aug 2016	Issuer Comment	Pennsylvania Plugs Holes in General Fund with State Treasury Loan, a Credit Negative	Moody's Investors Service
05 Aug 2016	Rating Action	Moody's Revises Pennsylvania's Outlook to Stable from Negative; Affirms Aa3 GO Rating	Moody's Investors Service
15 Jul 2016	Issuer Comment	Pennsylvania's New Revenue Legislation Is a Strong Step Toward Long-Term Budget Balance	Moody's Investors Service
05 Jul 2016	New Issue	Commonwealth of Pennsylvania: New Issue - Moody's Assigns Aa3 to Pennsylvania's $1.2B Second Series of 2016 GO Bonds; Outlook Remains Negative	Moody's Investors Service
05 Jul 2016	Rating Action	Moody's Assigns Aa3 to Pennsylvania's $1.2B Second Series of 2016 GO Bonds; Outlook Remains Negative	Moody's Investors Service
20 May 2016	New Issue	Commonwealth of Pennsylvania: New Issue - Moody's Assigns Aa3 to Pennsylvania's $991M 2016 GO Bonds 2016; Outlook Remains Negative	Moody's Investors Service
20 May 2016	Rating Action	Moody's Assigns Aa3 to Pennsylvania's $991M 2016 GO Bonds 2016; Outlook Remains Negative	Moody's Investors Service
11 Apr 2016	Rating Update	Commonwealth of Pennsylvania: Update- Moody's Affirms Pennsylvania's GO at Aa3; Outlook Remains Negative	Moody's Investors Service
11 Apr 2016	Rating Action	Moody's Affirms Pennsylvania's GO at Aa3; Outlook Remains Negative	Moody's Investors Service
24 Mar 2016	Issuer Comment	Pennsylvania (Commonwealth of): Adopted 2016 Budget Only a Brief Reprieve	Moody's Investors Service
11 Jan 2016	Sector Comment	Partial Pennsylvania Budget Is Credit Positive for Schools	Moody's Investors Service
22 Dec 2015	Rating Action	Moody's downgrades PA school district enhancements to cap of Baa1; outlook negative	Moody's Investors Service
22 Dec 2015	Rating Update	PA School District Enhancement Programs: Update - Moody's downgrades PA school district enhancements to cap of Baa1; outlook negative	Moody's Investors Service
25 Nov 2015	Rating Update	Correction to Text, October 16, 2015 Release: Moody's revises Pennsylvania GO outlook to negative; affirms Aa3 rating	Moody's Investors Service
25 Nov 2015	Announcement	Correction to Text, October 16, 2015 Release: Moody's revises Pennsylvania GO outlook to negative; affirms Aa3 rating	Moody's Investors Service
04 Nov 2015	Rating Action	Moody's downgrades Pennsylvania's pre-default intercept programs to A3 from A2, confirms post-default cap at A3; placed on review for further downgrade	Moody's Investors Service
04 Nov 2015	Rating Update	Moody's downgrades Pennsylvania's pre-default intercept programs to A3 from A2, confirms post-default cap at A3; placed on review for further downgrade	Moody's Investors Service
28 Oct 2015	Sector Comment	Pennsylvania and Illinois State and Local Governments : Delayed State Budgets Hurt Local Governments in Pennsylvania More than in Illinois	Moody's Investors Service
16 Oct 2015	Rating Update	Moody's revises Pennsylvania GO outlook to negative; affirms Aa3 rating	Moody's Investors Service
16 Oct 2015	Rating Action	Moody's revises Pennsylvania GO outlook to negative; affirms Aa3 rating	Moody's Investors Service
10 Sep 2015	Rating Action	Moody's downgrades most enhanced ratings on Pennsylvania school districts by one notch; placed on review for further downgrade	Moody's Investors Service
31 Aug 2015	Issuer Comment	Commonwealth of Pennsylvania: Pennsylvania's Late Budget Will Not Immediately Imperil Appropriation Debt Bondholders	Moody's Investors Service
20 May 2015	New Issue	Moody's assigns Aa3 ratings to $1.2 billion of Pennsylvania G.O. bonds	Moody's Investors Service
20 May 2015	Rating Action	Moody's assigns Aa3 ratings to $1.2 billion of Pennsylvania G.O. bonds	Moody's Investors Service

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