CUSIP 113745K36

• ISIN: US113745K364
• Entity Name: Town of Brookline
• Sector: Municipal
• Announcement Date: 15-Mar-2018
• Effective Date: 20-Apr-2018
• Issue Date: *****
• Maturity Date: 15-Apr-2018
• Country of Issuer: United States
• Region: N.Amer
• Issue Currency: United States of America Dollars
• CA Type: Default Interest
• News: On April 15, 2018, the Town inadvertently neglected to wire transfer to U.S. Bank National Association, as Paying Agent, $836,325.00, representing the principal and interest due on that date on the bonds referenced above. The Town had prepared the wire for this amount, but through an oversight it was not sent. When notified by the Paying Agent on April 19th, the Town promptly sent the money to the Paying Agent, who in turn remitted the amount to the Depository Trust Company (DTC), as the registered owner of the Bonds. Payment was made by DTC to bondholders on April 20, 2018. The Town intends to implement procedures to prevent a similar occurrence in the future. This information is being provided by the Town without regard to its materiality. Information may have been included or events described that the Town is not contractually obligated to provide. Inclusion of such information or events should not be construed as creating any obligation or agreement on the part of the Town to include such information or description of events in any future notice or reports.
• Description: Municipal Name: Town of Brookline CUSIP: 113745K36 Currency: USD Town of Brookline announced today announced today that the trustee has made a defaulted interest payment due for the Series 2009, General Obligation Purpose Loan Bonds on April 20, 2018.
• Bond Document: https://www.bondpdf.com/
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US113745K364