CUSIP 64986MAF2
- ISIN: US64986MAF23
- Entity Name: New York State Housing Finance Agency/The
- Sector: Sub Sovereign Agency
- Announcement Date: *****
- Effective Date: *****
- Issue Date: *****
- Maturity Date: *****
- Country of Issuer: *****
- Region: N.Amer
- Issue Currency: *****
- CA Type: Offer Repurchase
- News: NOTICE IS HEREBY GIVEN by the New York State Housing Finance Agency (the Agency) to the holders of all of the Outstanding $43,600,000 aggregate principal amount of the Agencys 345 East 94th Street Housing Revenue Bonds, 1998 Series A and 345 East 94th Street Housing Revenue Bonds, 1999 Series A (collectively, the Bonds) that the Agency has received a Change Notice, dated August 30, 2016 from 345 East 94th Street Associates, LLC (the Mortgagor) declaring its election to prepay in full the Mortgage Loan and the Note securing the Bonds on September 14, 2016 (the Mortgage Prepayment Tender Date). In accordance with such Change Notice and the Agencys (i) Amended and Restated 345 East 94th Street Housing Revenue Bond Resolution adopted by the Agency on June 8, 2000, amending and restating the Agencys 345 East 94th Street Housing Revenue Bond Resolution adopted August 6, 1998 (as so amended and restated, the General Resolution), (ii) the Agencys Amended and Restated 345 East 94th Street Housing Revenue Bond 1998 Series A Resolution adopted by the Agency on June 8, 2000, amending and restating the Agencys 345 East 94th Street Housing Revenue Bond 1998 Series A Resolution adopted August 6, 1998 (as so amended and restated, the 1998 Series A Resolution) and (iii) the Agencys Amended and Restated 345 East 94th Street Housing Revenue Bond 1999 Series A Resolution adopted by the Agency on June 8, 2000, amending and restating the Agencys 345 East 94th Street Housing Revenue Bond 1999 Series A Resolution adopted August 6, 1998 (as so amended and restated, the 1999 Series A Resolution, such 1999 Series A Resolution, together with the General Resolution and the 1998 Series A Resolution being referred to herein collectively as the Resolutions), all of the Bonds are subject to mandatory tender for purchase on the Mortgage Prepayment Tender Date at a Purchase Price of one hundred percent (100%) of the principal amount thereof, plus accrued interest to the Mortgage Prepayment Tender Date, such Purchase Price being payable from a draw under the Freddie Mac Credit Facility securing the Bonds. The principal amount, interest rate and CUSIP number of the respective maturities of the Bonds that are to be purchased on the Mortgage Prepayment Tender Date in accordance with the Resolutions are as set forth below: Series Due Date Outstanding Principal Interest Rate CUSIP 1998 Series A November 1, 2030 $28,700,000 Variable 6498688G4 1999 Series A November 1, 2030 $14,900,000 Variable 64986MAF2 No representation is made as to the correctness of a CUSIP number either as printed on any bond or as contained herein and any error in a CUSIP number either as printed on a bond or as contained herein shall not affect the validity of the proceedings for the mandatory tender for purchase of the Bonds. For Bond Document please visit www.BondPDF.com
- Description: *****
- Bond Document: https://www.bondpdf.com/
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