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This Official Statement provides information regarding the issuance of Revenue and Revenue Refunding Bonds by the Commonwealth of Kentucky State Property and Buildings Commission. The purpose of the Bonds is to refund certain outstanding bonds and to finance a New Project. The document outlines the legal framework, tax considerations, security for the Bonds, and funds used in relation to the Bonds, including their rates, amounts, maturity dates, and a summary of the principal documents.
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Include the date and location where the statement is being made.
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What is official statement?
An official statement is a document prepared by an issuer of municipal securities that provides relevant information to investors about the security being offered.
Who is required to file official statement?
Municipal issuers are required to file an official statement when offering securities for public sale, including state and local governments.
How to fill out official statement?
To fill out an official statement, gather relevant financial and operational details, format the document according to regulatory guidelines, and ensure all required disclosures are included.
What is the purpose of official statement?
The purpose of an official statement is to provide potential investors with essential information about the securities being issued, thus facilitating informed investment decisions.
What information must be reported on official statement?
The official statement must report information such as the issuer's financial status, the purpose of the bond issuance, the plan of repayment, and any risks associated with the securities.
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