CUSIP 546279RH5


  • ISIN: US546279RH57
  • Entity Name: Louisiana Local Government Environmental Facilities and Community Development Authority
  • Sector: Municipal Agency
  • Announcement Date: 13-Sep-2016
  • Effective Date: 01-Sep-2016
  • Issue Date: *****
  • Maturity Date: 01-Sep-2022
  • Country of Issuer: United States
  • Region: N.Amer
  • Issue Currency: United States of America Dollars
  • CA Type: Unscheduled Draw
  • News: Pursuant to the Continuing Disclosure Agreement, dated as of September 1, 2003, between Baton Rouge Student Housing, L.L.C. (the ""Borrower"") and The Bank of New York Trust Company of Florida, N.A., as trustee (the ""Trustee""), the Borrower hereby provides the following information: Notice of Material Events - Unscheduled Draw on Credit Enhancements Reflecting Financial Difficulties On August 24, 2016, the Trustee drew on the Bond Insurance Policy issued by ACA Financial Guaranty Corporation on account of a deficiency in the funds in the Bond Fund available to pay debt service on the above referenced bonds due on September 1,2016. The amount of the draw was $855,918.75, and such claim was duly paid by ACA Financial Guaranty Corporation.
  • Description: Municipal Name: Louisiana Local Government Environmental Facilities and Community Development Authority CUSIP: 546279RH5 Louisiana Local Government Environmental Facilities and Community Development Authority announced today that it has drawn USD 855,918.75 from the reserve fund to make the September 2016 debt service payment for the Series 2003A Bonds on September 1, 2016.
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US546279RH57

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