School District No. 1 in the City and County of Denver, State of Colorado


CUSIP 249174NL3
  • Issue Currency: United States of America Dollars
  • Announcement Date: 01-Dec-2015
  • News: School District No. 1 in the City and County of Denver, State of Colorado has issued USD 3555M fixed rate bond due 01-Dec-2016. For Bond Document please visit www.BondPDF.com
CUSIP 249174UP6
  • Issue Currency: United States of America Dollars
  • Announcement Date: 05-Jan-2017
  • News: The District is party to a debt service forward delivery agreement with a counterparty, where US Bank acts as Custodian. On Dec. 1, 2016, US Bank failed to make delivery to DPS on behalf of the counterparty as required, even though sufficient funds were available to be sent. This error caused the debt service payment on the Bonds to be made on Dec. 2, 2016. (The Bonds were the only District bond issue impacted.) US Bank has admitted fault, due to human error, and has accepted responsibility for any claims for accrued interest that may be made. To date, no claims have been made.
CUSIP 249174UQ4
  • Issue Currency: United States of America Dollars
  • Announcement Date: 05-Jan-2017
  • News: The District is party to a debt service forward delivery agreement with a counterparty, where US Bank acts as Custodian. On Dec. 1, 2016, US Bank failed to make delivery to DPS on behalf of the counterparty as required, even though sufficient funds were available to be sent. This error caused the debt service payment on the Bonds to be made on Dec. 2, 2016. (The Bonds were the only District bond issue impacted.) US Bank has admitted fault, due to human error, and has accepted responsibility for any claims for accrued interest that may be made. To date, no claims have been made.



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