CUSIP 296188AW5


  • ISIN: US296188AW59
  • Entity Name: Escambia Housing Corporation
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Payment Acceleration
  • News: On March 29, 2016, after Trustee received direction from the Bondholders to (1) declare that an event of default has occurred, (2) accelerate the maturity date for payment of principal and interest on the Bonds, and (3) file to foreclose on and sell the project on behalf of the Bondholders for the best price, Trustee filed a mortgage foreclosure lawsuit (the Lawsuit) in the United States District Court for the Northern District of Florida, Pensacola Division (the Court). In Trustees Verified Complaint filed in the Lawsuit, Trustee (1) sought to foreclose upon the real and personal property (the Collateral) described in the mortgage and securing the Issuers obligations set forth in the Indenture and (2) requested the appointment of a receiver to take possession of the Collateral and manage it until a judicial foreclosure sale is ordered by the Court in the Lawsuit. For Bond Document please visit www.BondPDF.com
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US296188AW59

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