CUSIP 704387AK5
- ISIN: US704387AK55
- Entity Name: Payne County Oklahoma Economic Development Authority, Oklahoma
- Sector: Municipal Agency
- Announcement Date: 20-Dec-2017
- Effective Date: 13-Dec-2017
- Issue Date: *****
- Maturity Date: 01-Nov-2022
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Trustee Change
- News: Effective December 13, 2017, UMB Bank, N.A. (the Successor Trustee), replaced BancFirst (the Prior Trustee) as trustee under that certain Bond Trust Indenture dated as of June 1, 2016, between the Prior Trustee and the Payne County Economic Development Authority as issuer of the above- referenced Bonds, and under that certain Master Trust Indenture dated as of June 1, 2016, between the Prior Trustee and White Woods Retirement Campus, Inc. (Epworth Living at the Ranch) (the Borrower). The proceeds of the Bonds were loaned by the Issuer to the Borrower to finance the construction and development of a continuing care retirement center in Stillwater, Oklahoma (the Facility). As a result of the replacement of the trustee function, funds in the trust estate have been paid over to the Successor Trustee by the Prior Trustee, and rights under the various collateral and security instruments will be assigned of record to the Successor Trustee.
- Description: Municipal Name: Payne County Oklahoma Economic Development Authority, Oklahoma CUSIP: 704387AK5 Currency: USD Payne County Oklahoma Economic Development Authority, Oklahoma today announced the appointment of UMB Bank, n.a. as successor trustee relating to its Series 2016C Revenue Bonds effective on December 13, 2017.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US704387AK55
