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Prospect News home > News index > List of issuers O > Headlines for Osceola County > News item
Published on 11/2/2012 in the Prospect News Distressed Debt Daily and Prospect News Municipals Daily.

Osceola County misses $2.51 million interest payment on revenue bonds

By Caroline Salls

Pittsburgh, Nov. 2 - Osceola County, Fla., indenture trustee Wells Fargo Bank, NA said there were insufficient funds in the series 2007A revenue account to make a $2.51 million interest payment due Nov. 1 on the Shingle Creek Community Development District (Osceola County, Fla.) capital improvement revenue bonds, series 2006.

According to the notice from the trustee, no draw was made from the debt service reserve fund in connection with the payment.


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