CUSIP 89438LCG1


  • ISIN: US89438LCG14
  • Entity Name: Travis County Health Facilities Development Corporation
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Offer Repurchase
  • News: Effective January 3, 2017 (the ""Reset Date""), the interest rate on the above Bonds (the ""Bonds"") will be reset and will retain that rate until the next Reset Date of January 4, 2022. Pursuant to the Indenture of Trust dated as of March 15, 2012 (the ""Indenture"") between Travis County Health Facilities Development Corporation (the ""Issuer"") and Wilmington Trust, National Association, as trustee (the ""Trustee""), B.C. Ziegler and Company (the ""Remarketing Agent"") has set a Preliminary Reset Rate on the Bonds of 4.25% per annum. The Bonds are subject to Optional Tender at a price of 100% of their principal amount together with the interest accrued to the Reset Date. On the Reset Date each Bond tendered shall be purchased from the Owner to the extent there are moneys available therefor and, if so purchased, will cease to accrue interest thereon from and after said date. The period for delivery of Optional Tender Notices is from November 4, 2016, to 2:00 p.m., Richmond, Virginia time on December 4, 2016. An Optional Tender Notice form is attached to this notice. FAILURE TO DELIVER A PROPERLY COMPLETED OPTIONAL TENDER NOTICE IN THE FORM ATTACHED ON OR AFTER NOVEMBER 4, 2016 BUT ON OR BEFORE 2:00 P.M., RICHMOND, VIRGINIA TIME, ON DECEMBER 4, 2016, WILL RESULT IN LOSS OF THE RIGHT TO TENDER BONDS FOR PURCHASE ON THE RESET DATE, BUT WILL NOT AFFECT THE RIGHT OF THE HOLDER TO TENDER BONDS FOR PURCHASE ON FUTURE RESET DATES IN CONNECTION WITH SUBSEQUENT RESET RATES AND RESET DATES, IF ANY. Bonds will be purchased in principal amounts of $5,000 or an integral multiple thereof and any retained portion must be at least $5,000. An Optional Tender Notice delivered to the Trustee shall be irrevocable and binding on such owner and cannot be withdrawn. If a Tender Notice is timely delivered, then before 2:00 p.m., Richmond, Virginia time, on December 30, 2016, the Owners of such Bonds must transfer their interests in such Bonds to the Trustee on the records of The Depository Trust Company, as the Securities Depository.
  • Description: *****
  • Bond Document: https://www.bondpdf.com/
  • Latest Corporate Actions: https://www.CAalerts.com/credit-corporate-action/ISIN/US89438LCG14

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