CUSIP 576528DE0
- ISIN: US576528DE03
- Entity Name: Matagorda County Navigation District No.1
- Sector: Municipal Agency
- Announcement Date: 19-Jul-2017
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-May-2030
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Offer Repurchase
- News: NOTICE IS HEREBY GIVEN that pursuant to Sections 2.02(H)(2) and 2.11(c) of the Indenture of Trust dated as of August 15, 1996 (the ""Indenture""), between Matagorda County Navigation District Number One (the ""Issuer"") and The Bank of New York Mellon Trust Company, National Association (the ""Trustee""), pursuant to which Indenture the above-captioned Bonds (the ""Bonds"") were issued, the Bonds are subject to mandatory tender for purchase in whole on August 21, 2017 (the ""Effective Date"") at a purchase price of 102% of the principal amount thereof, plus accrued interest to the Effective Date. The interest and premium components of the purchase price will be paid on the Effective Date by AEP Texas Inc., as successor by merger to AEP Texas Central Company (successor to Central Power and Light Company). On the Effective Date, a new interest rate mode for the Bonds will commence and a new interest rate for the Bonds will become effective.
- Description: Municipal Name: Matagorda County Navigation District No.1 CUSIP: 576528DE0 Currency: USD Purchase Date: August 21, 2017 Purchase Price: 100%
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US576528DE03
