Indiana Health and Educational Facility Financing Authority
CUSIP 45479RCM7
- Issue Currency: United States of America Dollars
- Announcement Date: 15-Apr-2015
- News: Municipal Name: Indiana Health and Educational Facility Financing Authority CUSIP: 45479RCM7 Defeased Amount: USD 47775M Refunding Date: March 01, 2017 For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 22-Jan-2015
- News: Indiana Health and Educational Facility Financing Authority announced today that it intends to issue USD 117770M, 5.5% fixed rate bond due 01-Mar-2037. For Bond Document please visit www.BondPDF.com
- Issue Currency: United States of America Dollars
- Announcement Date: 26-Sep-2016
- News: Wells Fargo Bank, National Association is the bond trustee and tender agent (the Bond Trustee) of the above-captioned bonds (the IN Series 2006B-1/B- 7/B-8 Bonds) under that certain Bond Indenture, dated as of November 1, 2006, as amended (the Indenture), between the Indiana Finance Authority (the ""Issuer,"" successor to the Indiana Health and Educational Facility Financing Authority) and the Bond Trustee. All capitalized terms used but not defined herein shall have the meanings given in the Indenture. With respect to the 2006B-1/B-7/B-8 Bonds, you are hereby notified as follows: 1. Notice of Adjustment of the IN Series 2006B-1/B-7/B-8 Bonds to either a Weekly Interest Rate Period, a Serial Bond Interest Rate Period or a Short-Term Interest Rate Period. The interest rate period on the IN Series 2006B-1/B-7/B-8 Bonds shall be adjusted to either a Weekly Interest Rate Period, a Serial Bond Interest Rate Period or a Short-Term Interest Rate Period (bearing interest at Bond Interest Term Rates) unless Bond Counsel fails to deliver a Favorable Opinion of Bond Counsel to the Bond Trustee, the Issuer, Ascension Health, Ascension Health Alliance and the Remarketing Agent as to such adjustment on the effective date of such adjustment in the interest rate period or other conditions precedent to such adjustment are not met. The proposed effective date of the new Interest Rate Period is November 3, 2016 (the Mode Change Date). Pursuant to the Indenture, this notice of adjustment may be rescinded. The IN Series 2006B-1/B-7/B-8 Bonds are subject to mandatory tender for purchase on the Mode Change Date, regardless of whether this notice of adjustment is rescinded and regardless of whether any or all conditions precedent to the adjustment are met, at a purchase price equal to the principal amount thereof, plus accrued interest, if any. 2. Notice of Mandatory Tender. The above IN Series 2006B-1/B-7/B-8 Bonds are to be tendered at par on November 3, 2016 and (i) The IN Series 2006B-1/B-7/B-8 Bonds will be paid interest from May 16, 2016 through November 2, 2016. Pursuant to Section 4.11 of the Indenture, you are hereby notified (1) that the Tender Price of any Bond so subject to mandatory tender for purchase shall be payable only upon surrender of such Bond to the Tender Agent at its Principal Office, accompanied by an instrument of transfer thereof, in form satisfactory to the Tender Agent, executed in blank by the Holder thereof or by the Holder`s duly-authorized attorney, with such signature guaranteed by a commercial bank, trust company or member firm of the New York Stock Exchange; (2) that all IN Series 2006B-1/B-7/B-8 Bonds so subject to mandatory tender for purchase shall be purchased on the Mode Change Date (November 3, 2016); and (3) that in the event that any Holder of a Bond so subject to mandatory tender for purchase shall not surrender such Bond to the Tender Agent for purchase on such Mode Change Date, then such Bond sha
