CUSIP 14053PAA9
- ISIN: US14053PAA93
- Entity Name: Capital Trust Agency
- Sector: Municipal Agency
- Announcement Date: *****
- Effective Date: *****
- Issue Date: *****
- Maturity Date: *****
- Country of Issuer: *****
- Region: N.Amer
- Issue Currency: *****
- CA Type: Unscheduled Draw
- News: The Borrower still has not yet begun to make any scheduled debt service payments. Consequently, there were no moneys paid by the Borrower available to make the scheduled debt service payment on the Bonds on January 1, 2017. In terms of the Series 2014 Bonds, the holders of the majority in principal amount of the Series 2014 Bonds authorized us to withdraw funds from (i) the 2014A Tax Exempt Reserve Account in the amount of $375,620.61 and $789,335.64 from the 2014 Working Capital Account to pay the January 1, 2017 debt service payment on the Series 2014A Bonds and (ii) $260,000 from the 2014B Taxable Reserve Account to pay debt service on the Series 2014B Bonds. In terms of the Series 2016 Bonds, there is not a debt service reserve account available to pay deficits in funds available to pay debt service on the Series 2016 Bonds. The holders of a majority in principal amount of the Series 2016 Bonds authorized the Trustee to withdraw $205,275.00 from the 2016 Working Capital Account to pay the January 1, 2017 debt service payment on the Series 2016A Bonds. The January 1, 2017 debt service pay
- Description: *****
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US14053PAA93