Company: OIA
Filing Date: 2025-03-13
Form Type: 424B5
Source: 0001104659-25-023508
Chunk: 184

Company: Invesco Municipal Income Opportunities Trust
Filing Date: 2025-03-13
Form: 424B5
Chunk 184
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, and heavy rainfall. President Joe Biden declared Guam a major disaster area on May 27, 2023, enabling the distribution of federal funds. Although the United States Federal Emergency Management Agency (FEMA) makes disaster relief assistance available after significant typhoon or earthquake damage, there can be no assurance that future typhoons and/or earthquakes will not cause significant damage to business in Guam, or that FEMA will provide disaster relief assistance if significant damage is experienced. There can also be no assurance that, even with FEMA assistance, damage that results from future typhoons or earthquakes will not adversely affect business activity on Guam. C-9 Potential impacts of climate change, including rising sea levels, excessive rainfall, stronger tropical storms, drought, ocean acidification, coral bleaching, saltwater intrusion, storm surges, rising temperatures and increased migration, may threaten Guam’s security and resources. The impact of climate change and climate variability may also have detrimental socioeconomic impacts to Guam. Credit rating.On December 16, 2021, S&P affirmed its BB- rating on Guam’s general obligation debt and revised its outlook to stable from negative. On January 25, 2024, Moody’s upgraded its rating of Guam’s outstanding general obligation debt to Baa3 (with a stable outlook). These ratings reflect only the views of the respective rating agency, an explanation of which may be obtained from each such rating agency. As of November 12, 2024, the above ratings had not been revised or withdrawn. There is no assurance that these ratings will continue for any given period of time or that it will not be revised or withdrawn entirely by the rating agencies if, in the judgment of such rating agencies, circumstances so warrant. A downward revision or withdrawal of any such rating may have an adverse effect on the market prices of the securities issued by Guam or its political subdivisions, instrumentalities and authorities. U.S. VIRGIN ISLANDS Introduction.The United States Virgin Islands (the “Virgin Islands” or “USVI”) is an unincorporated territory of the United States with separate executive, legislative and judicial branches of government. The economy of the Virgin Islands is heavily dependent upon revenues from tourism, but other major sectors of the Virgin Islands’ economy include the trade, transportation and utilities sector; the professional and business services sector; the leisure and hospitality sector; and the government sector. As these sectors represent the largest share of employment in the Virgin Islands, economic problems or factors that adversely impact these sectors may have a negative effect on the value of the Virgin