CUSIP 797669UQ9
- ISIN: US797669UQ90
- Entity Name: San Francisco Bay Area Rapid Transit District
- Sector: Municipal Agency
- Announcement Date: 01-Dec-2017
- Effective Date: *****
- Issue Date: *****
- Maturity Date: 01-Jul-2042
- Country of Issuer: United States
- Region: N.Amer
- Issue Currency: United States of America Dollars
- CA Type: Offer Defeasance
- News: Notice is hereby given that the SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT (""BART""), is considering refunding all or a portion of its outstanding sales tax revenue bonds listed on Schedule I attached hereto (the ""Bonds"") with the issuance of taxable and taxexempt refunding sales tax revenue bonds (the ""Refunding Bonds"") in an approximate amount of $130 million* (tax-exempt) and $70 million* (taxable), pricing the week of December l l, 2017 and closing in late December of 2017. The proceeds of the Refunding Bonds are expected to be used to advance refund the Bonds and pay the costs of issuing the Refunding Bonds. Barclays Capital is expected to be senior managing underwriter for the issues. The size, timing, and structure of any refunding of any of the Bonds remain subject to approval by the governing body of BART, as well as market conditions. BART reserves the right to modify or change its plans as it deems appropriate and is under no obligation to proceed with any refunding transaction. There is no guarantee that any refunding transaction will be consummated and BART may discontinue refunding efforts at any time without notice. This notice shall not constitute an offer to sell or the solicitation of an offer to buy any security. Any such solicitation will only be made pursuant to a preliminary or final official statement.
- Description: Municipal Name: San Francisco Bay Area Rapid Transit District CUSIP: 797669UQ9 Currency: USD San Francisco Bay Area Rapid Transit District announced today that it will be refunding all or a portion of its Series 2012B Sales Tax Revenue Bonds.
- Bond Document: https://www.bondpdf.com/
- Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US797669UQ90
