CUSIP 864768BD7

• ISIN: US864768BD70
• Entity Name: Suffolk County Industrial Development Agency
• Sector: Municipal Agency
• Announcement Date: *****
• Effective Date: *****
• Issue Date: *****
• Maturity Date: *****
• Country of Issuer: *****
• Region: N.Amer
• Issue Currency: *****
• CA Type: Amendment of Indenture
• News: The College has issued conflicting statements regarding its business. On May 31, 2016 the College publicly announced plans to cease operations as soon as June 3, 2016, citing its continued financial distress. On June 2, 2016, however, the College announced that it was in sustained strategic negotiations with Global University Systems for the purpose of creating an academic partnership that could possibly permit the College to remain in business. The Trustee is in frequent communication with holders of more than 66 2/3% in principal amount on the Bonds concerning these matters. Under the Bond Documents holders of not less than 51% in principal amount of the Bonds have certain rights to direct the time and method of enforcing remedies under the Bond Documents, and holders of not less than 66 2/3% in principal amount of the Bonds have certain rights to amend the Bond Documents. For Bond Document please visit www.BondPDF.com
• Description: *****
• Bond Document: https://www.bondpdf.com/bonds/US864768BD70-da378
• Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US864768BD70