CUSIP 768177LZ8
- ISIN: US768177LZ88
- Entity Name: City of River Falls
- Sector: Municipal
- Announcement Date: 11-Sep-2018
- Effective Date: 01-Sep-2018
- Issue Date: *****
- Maturity Date: 01-Mar-2029
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Principal Default
- News: Due to an administrative miscommunication the City of River Falls, Wisconsin did not timely make the following payments: The September 1, 2018 principal and interest payments on the $5,070,000 General Obligation Refunding Bonds, Series 2009A; the September 1, 2018 interest payment on the $4,560,000 Taxable General Obligation Refunding Bonds, Series 2012A and the September 1, 2018 principal and interest payments on the $4,060,000 General Obligation Refunding Bonds, Series 2016B. The payments were due September 4, 2018 due to the Labor Day holiday and were wired to U.S. Bank National Association, St. Paul, Minnesota on September 5, 2018. U.S. Bank National Association, St. Paul, Minnesota is the current paying agent for the referenced issues.
- Description: Municipal Name: City of River Falls CUSIP: 768177LZ8 Currency: USD City of River Falls announced today that it has not been paid the principal payment due to insufficient money on Revenue Fund for Series 2009, General Obligation Refunding Bonds on September 1, 2018.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US768177LZ88
