Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Tenders > Headlines for 2012 > News item |
Orange County notifies series 2000 COP holders of mandatory tender
By Ashley Montgomery
Kansas City, Kan., Aug. 10 - Orange County Sanitation District notified holders that its series 2000-A and 2000-B refunding certificates of participation are subject to mandatory tender, according to a notice.
The $42.7 million 2000-A certificates and $49.2 million 2000-B certificates will be purchased on Aug. 17 at par plus accrued interest to the purchase date.
The mandatory tender is a result of the Aug. 24 expiration of the district's standby certificate purchase agreement with Lloyds TSB Bank plc.
The district said it plans to fund the purchase with proceeds from its series 2012B wastewater refunding revenue obligations.
U.S. Bank, NA is the trustee.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.