CUSIP 594698MB5
- ISIN: US594698MB51
- Entity Name: Michigan Strategic Fund
- Sector: Municipal Agency
- Announcement Date: *****
- Effective Date: *****
- Issue Date: *****
- Maturity Date: *****
- Country of Issuer: *****
- Region: N.Amer
- Issue Currency: *****
- CA Type: Offer Repurchase
- News: The Michigan Strategic Fund (the Issuer) issued the Series 2014 Bonds pursuant to an Amended and Restated Indenture dated as of June 1, 2016 and a Supplemental Indenture, dated as of December 1, 2014 and amended as of June 1, 2016 (together, the Indenture), each between the Issuer and The Bank of New York Mellon Trust Company, N.A. as trustee (the Trustee), and loaned the proceeds of the Series 2014 Bonds to Detroit Renewable Energy LLC and certain of its, direct and indirect, su bsidiaries (individually and collectively, the Borrowers) pursuant to an Amended and Restated Loan Agreement dated as of June 1, 2016, as supplemented by a Supplemental Loan Agreement, dated as of December 1, 2014 and amended as of June 1, 2016, each among the Issuer and the Borrowers (together, the Loan Agreement). Defined terms used herein, unless otherwise defined herein, shall have the meaning given such terms in the Loan Agreement and the Indenture. A Change of Control Notice dated January 18, 2018 was sent to the undersigned with respect to the Series 2014 Bonds. This letter shall serve as the irrevocable Tender Election Notice of the undersigned (which has been delivered on or prior to January 27, 2018): ________ The undersigned hereby irrevocably elects to tender all of the Series 2014 Bonds held by it on the stated Tender Date of February 26, 2018 in exchange for payment of the applicable aggregate Tender Price of one hundred one percent (101%) of the outstanding principal amount thereof plus accrued interest thereon for such Series 2014 Bonds. To the extent such Series 2014 Bonds are not book-entry, the undersigned agrees to deliver such Series 2014 Bonds (with all necessary endorsements and guarantees of signature) in order to receive such Tender Price. ________ The undersigned hereby irrevocably elects to not tender the Series 2014 Bonds held by it.
- Description: *****
- Bond Document: https://www.bondpdf.com/
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