Hospital Facility Authority of Multnomah County, Oregon/The


CUSIP 62551PCC9
  • Issue Currency: United States of America Dollars
  • Announcement Date: 26-Jul-2016
  • News: Notice is hereby given that an event of default has occurred under the Bond Trust Indenture dated July 1, 2013 (the ""Bond Trust Indenture"") relating to the above-referenced Bonds by reason of the failure of The Odd Fellows Home of Oregon and Friendship Health Center, Inc. (the ""Corporations"") to have more than 40 Days Cash on Hand as of February 29, 2016, as such term is defined in the Bond Trust Indenture. This event of default has not resulted in any failure of the Corporations to make any scheduled payment of principal or interest on the Bonds. The Corporations expect that they will meet the covenant at the next annual testing date of February 28, 2017. For Bond Document please visit www.BondPDF.com
CUSIP 62551PCB1
  • Issue Currency: United States of America Dollars
  • Announcement Date: 27-Jul-2016
  • News: Notice is hereby given that an event of default has occurred under the Bond Trust Indenture dated July 1, 2013 (the ""Bond Trust Indenture"") relating to the above-referenced Bonds by reason of the failure of The Odd Fellows Home of Oregon and Friendship Health Center, Inc. (the ""Corporations"") to have more than 40 Days Cash on Hand as of February 29, 2016, as such term is defined in the Bond Trust Indenture. This event of default has not resulted in any failure of the Corporations to make any scheduled payment of principal or interest on the Bonds. The Corporations expect that they will meet the covenant at the next annual testing date of February 28, 2017. For Bond Document please visit www.BondPDF.com
CUSIP 62551PCB1
  • Issue Currency: United States of America Dollars
  • Announcement Date: 06-Dec-2018
  • News: Notice is hereby given that three events of default have occurred under the Bond Trust Indenture dated July 1, 2013 relating to the above-referenced Bonds by reason of the failure of The Odd Fellows Home of Oregon and Friendship Health Center, Inc. (the ""Corporations"") to meet the Debt Service Coverage Ratio Covenant and the Liquidity Covenant as of February 28, 2018, as such covenants are described in the Loan Agreement dated July 1, 2013 between The Hospital Facilities Authority of Multnomah County, Oregon and the Corporations, and late delivery of the Corporations` audited financial statements to the Bond Trustee for the fiscal year ended February 28, 2018. These events of default have not resulted in any failure of the Corporations to make any scheduled payment of principal or interest on the Bonds.



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