CUSIP 580798KL9
- ISIN: US580798KL91
- Entity Name: Community Consolidated School District Number 26
- Sector: Municipal Agency
- Announcement Date: 01-Feb-2018
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Feb-2020
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Offer Defeasance
- News: The District has approved a comprehensive plan of refunding (the Refunding Plan) with respect to certain of the outstanding 2011A Bonds, 2016A Bonds and 2017B Bonds (as further described on Exhibit A attached hereto, the Refunded Bonds). In connection with the Refunding Plan, the District has funded an escrow account with lawfully available funds for the purpose of refunding the Refunded Bonds. The escrow account holds certain non-callable, general obligation bonds or other obligations of political subdivisions or agencies of the State of Illinois or other states (other than the District) secured by the full faith, credit and resources of the State of Illinois or other states or political subdivisions or agencies of the State of Illinois or other states, with a rating within the four highest general classifications established by a rating service of nationally recognized expertise in rating bonds of states and their political subdivisions. In accordance with the Refunding Plan, the District has abated the taxes heretofore levied to pay the Refunded Bonds. This notice is being provided to the Municipal Securities Rulemaking Board through its Electronic Municipal Market Access system for municipal securities disclosure for general information purposes only, should not be viewed as a formal notification to bondholders and does not constitute an offer to buy, or the solicitation of an offer to sell, any of the Refunded Bonds.
- Description: Municipal Name: Community Consolidated School District Number 26 CUSIP: 580798KL9 Currency: USD Community Consolidated School District Number 26 announced today that it will be refunding all or a portion of its Series 2011A, General Obligation School Bonds.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US580798KL91
