CUSIP 552279KC4
- ISIN: US552279KC40
- Entity Name: Lyons Central School District, New York
- Sector: Municipal Agency
- Announcement Date: 05-Jun-2017
- Effective Date: 01-Jun-2017
- Issue Date: *****
- Maturity Date: 01-Jun-2021
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Coupon Default
- News: On June 1, 2017, the District had a principal and interest payment due related to the CUSIP numbers indicated below. The District advanced refunded its $4,411,077 School District (Serial) Bonds, 2008 Series A and $1,654,000 School District (Serial) Bonds, 2008 Series B which originally had payment dates of June 15th and December 15th . The payments for the $3,845,000 School District Refunding (Serial) Bonds, 2016 that advanced refunded these two bonds are due on June 1st and December 1 st . As a result of clerical oversight, the District did not make the payment until June 2, 2017. The District has rectified the oversight and foresees no reason to believe the oversight will happen again in the future.
- Description: Municipal Name: Lyons Central School District, New York CUSIP: 552279KC4 Currency: USD Lyons Central School District, New York announced today that it not paid the interest payment due to insufficient money on Revenue Fund for Series 2016 School District Refunding Bonds on June 1, 2017.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US552279KC40
