CUSIP 766045AB4
- ISIN: US766045AB42
- Entity Name: City of Ridgeland, Mississippi
- Sector: Municipal
- Announcement Date: 27-Dec-2016
- Effective Date: 03-Jan-2017
- Issue Date: *****
- Maturity Date: 01-Jan-2029
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Default Interest
- News: U.S. Bank National Association serves as Trustee for holders of the above-captioned Bonds pursuant to an Indenture and Security Agreement (the ""Original Indenture"") dated as of January 1, 1999 between the City of Ridgeland, Mississippi and the Trustee. All capitalized terms not otherwise defined herein shall have the meanings ascribed thereto in Original Indenture or the Loan Agreement. The Trustee previously notified Bondholders that, while Senior Bonds are outstanding, the holder or holders of a majority in aggregate principal amount of the outstanding Senior Bonds have the right to direct certain of the Trustees action under and subject to the conditions contained in the Original Indenture. This is to notify you that the Trustee will distribute on January 3, 2017, the amount of $160,500.00 for the Series 1999A and 1999B Bonds. The distribution will be mailed to persons who held of record the Bonds at the close of business on December 23, 2016 (the Special Record Date). This equates to a distribution of interest as set forth in the table below per $1,000 face value
- Description: Municipal Name: City of Ridgeland, Mississippi CUSIP: 766045AB4 Currency: USD City of Ridgeland, Mississippi announced today that the trustee will make a defaulted coupon payment in the amount of USD 28.54474 for the Series 1999A Bonds on January 3, 2017.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US766045AB42
