Guam Economic Development Authority


CUSIP 40064LAC6
  • Issue Currency: United States of America Dollars
  • Announcement Date: 30-Nov-2018
  • News: Each maturity of the Bonds for which this notice relates to is identified by the corresponding CUSIP Number set forth below. The CUSIP Numbers below are the CUSIPS assigned to the Bonds at the time of issue. Such CUSIPS were derived from the Official Statement dated December 7, 2007 for the Bonds. The Authority is not responsible for the accuracy or completeness of the CUSIPs below and are only provided for the convenience of Bondholders. Maturity Date Series 2007A CUSIP Series 2007B CUSIP June 1, 2032 40064LAA0 June 1, 2047 40064LAB8 June 1, 2057 4006LAC6 Anticipated December 1 Reserve Fund Draw: The Authority expects that approximately $8,574.94 will be required to be drawn from the Debt Service Reserve Account to pay a portion of the $659,606.25 interest payment on the 2007A Bonds due December 1, 2018 as a result of insufficient tobacco settlement revenues (""TSRs"") received in April 2018 under the Master Settlement Agreement. Unless additional TSRs or other revenues are received before December 1, 2018, the Series 2007A Bonds will not be subject to turbo redemptions during this period. The Authority expects that the amount on deposit in the Debt Service Reserve Account after the December 1, 2018 draw (which will represent the first draw on the Debt Service Reserve Account) will be $2,799,825.06 (the Debt Service Reserve Requirement is defined in the Indenture to be $2,808,400 for so long as the Series 2007A Bonds are Outstanding). Other Matters - The filing of this notice does not constitute or imply any representation regarding any other financial or operating information about the Authority or any representation that no other circumstances or events have occurred which may have a bearing on the Authoritys financial condition or an investor`s decision to buy, sell or hold the Bonds.
CUSIP 40064LAC6
  • Issue Currency: United States of America Dollars
  • Announcement Date: 29-Aug-2018
  • News: The Guam Economic Development Authority, as successor to the Guam Ecotiom ic Dc elopuietit and Commerce Authority (the A tithorit ) hereby provides the lollowing notice tb respect to the ol low ilig bonds: Guam Economic Development and Commerce Authority Tobacco Settlement Asset-Backed Bonds. Series 2007 ((lie Bonds) Each maturity of the Bonds for which this notice relates to is identified hy the correspondinu (US II Number set lbrth below, The CUSIP Numbers below are the CUSI PS assigned to the Bonds at the time ot issue. Such (1 SI IS were derived from the Offic in I Statement dated December 7. 2007 br the Bonds 11w Atti horns is itt respu hI e for the accuracy or completeness of the C U SI Ps belon and arc on h pro tded br the con, en coLe uI liouttlui Iders. Series 2(107 Series 2(111711 Iiptipritv 9itr CI 511 (1 511 Jtnic t . 2(132 40004t.AAO June I. 2047 4tttIO4I Al! June . 21157 311(101 i Anticipated December 1 Reserve Fund Draw: [he Atithorit epccts that appw ntItcl SI 1.12822 will be required to be drawn from the Debt Service Reser, e Accotint to pa a portion of Ilic 5659.6tIO.25 nut c,t payment on the 2007A Bonds due December I. 2018 as a result of insufficient tobacco settlcmcut rc critics (iSRs) received in April 2018 tinder the Master Settlement Agreement. Ltnless additional TSRs or other revenues are received before December I. 201 8. the Series 2007A Iltiiid, s ill tot he subject to turbo redemptions during this period. The Authorti expects that the amount oii deposit in lie I )ebt Ser ice Reserve Account afler the December I. 201 8 draw (n hich will represent the first dris titi the I )elit 5cr ice Reserve Account) will be $2,763.07 I .78 (the Debt Service Reser e Reqtttreineut is defined In lie Indenture ii, lie 52.808.100 for so long as the Series 2007A Bonds are Outstanding). Other Matters The filing of this notice does not constitute or imply an representation regarding an other financial or operating information about the Authority or any representation that no other circumstatiees or es ent ha,e occttrred which ma hae a bearinc on the Authorit s financial condition or an inestors decision to htt. elI or hold the Bonds.



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