CUSIP 921123DH5

  • ISIN: US921123DH56
  • Entity Name: Van Hornesville-Owen D. Young Central School District
  • Sector: Municipal Agency
  • Announcement Date: *****
  • Effective Date: *****
  • Issue Date: *****
  • Maturity Date: *****
  • Country of Issuer: *****
  • Region: N.Amer
  • Issue Currency: *****
  • CA Type: Coupon Default
  • News: The principal and interest payments due June 15, 2018 for the $966,380 School District (Serial) Bonds/Statutory Installment Bond, 2010 were not distributed to the bondholders until June 19, 2018 due to a processing error. The principal and interest amounts were paid in full on June 15, 2018 to the Depository Trust Company (DTC), but the bonds were no longer payable to DTC. The bonds had been converted and registered to National Financial Services Corporation [under the prior School District Official and School Districts municipal advisor]. The principal and interest amounts were subsequently refunded by DTC and wired to National Financial Services Corporation on June 19, 2018 for distribution to the bondholders. There were no financial factors that contributed to the late payment of principal and interest.
  • Description: *****
  • Bond Document:
  • Latest Corporate Actions:

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