CUSIP 288166AJ0

  • ISIN: US288166AJ00
  • Entity Name: CITY OF ELLAVILLE
  • Sector: Municipal
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Sinking Fund Deferral
  • News: NOTICE IS HEREBY GIVEN that there has been (a) non-payment related defaults and (b) a rating change. The bond ordinance authorizing the issuance of the Bonds requires that the Issuer pay monthly into a sinking fund 1/6th of the interest coming due on the next interest payment date and 1/12th of the principal coming due on the next principal payment date. The Issuer did not make the monthly deposits into the sinking fund. The Issuer moved the sinking fund to Regions Bank. The Issuer made the required June sinking fund payment. The rating on the Bonds was downgraded to BBB (on credit watch with negative implications).
  • Description: *****
  • Bond Document:
  • Latest Corporate Actions:

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