Municipal Secondary Market Disclosure
Information Cover Sheet
This cover sheet should be sent with all submissions made to the Municipal Securities Rulemaking Board (MSRB) Electronic
Municipal Market Access facility (EMMA) for municipal securities disclosure of the MSRB, whether the filing is voluntary or
made pursuant to Securities and Exchange Commission rule 15c2-12 or any analogous state statute.
IF THIS FILING RELATES TO A SINGLE BOND ISSUE:
Provide name of bond issue exactly as it appears on the cover of the Official Statement
(please include name of state where issuer is located):
Provide nine-digit CUSIP* numbers if available, to which the information relates:
IF THIS FILING RELATES TO ALL SECURITIES ISSUED BY THE ISSUER OR ALL SECURITIES OF A SPECIFIC
CREDIT OR ISSUED UNDER A SINGLE INDENTURE:
Issuer’s Name (please include name of state where Issuer is located): Maine Educational Loan Authority (Maine); securities issued
in 2009 under an Indenture of Trust, dated as of May 1, 2009, by and between Maine Educational Loan Authority (the “Authority”
and Zions First National Bank (the “Trustee”), as supplemented and amended by a First Supplemental Indenture of Trust, dated as
of May 1, 2009, by and between the Authority and the Trustee.
Other Obligated Person’s Name (if any):
(Exactly as it appears on the Official Statement Cover)
Provide six-digit CUSIP* number(s), if available, of Issuer: 56040P
*(Contact CUSIP’s Municipal Disclosure Assistance Line at 212.438.6518 for assistance with obtaining the proper CUSIP numbers.)
TYPE OF FILING:
Electronic (number of pages attached)
1
If information is also available on the Internet, give URL:
4845-9519-7202.2
 Paper (number of pages attached)
WHAT TYPE OF INFORMATION ARE YOU PROVIDING? (Check all that apply)
A. Annual Financial Information and Operating Data pursuant to Rule 15c2-12
(Financial information and operating data should not be filed with the MSRB.)
Fiscal Period Covered:
B.
Audited Financial Statements or CAFR pursuant to Rule 15c2-12
Fiscal Period Covered:
C.
Notice of an Event pursuant to Rule 15c2-12
 Principal and interest payment delinquencies
 Non-payment related defaults
 Unscheduled draws on debt service reserves
reflecting financial difficulties
 Unscheduled draws on credit enhancements
reflecting financial difficulties
 Substitution of credit or liquidity providers, or their
failure to perform
 Adverse tax opinions or events affecting the taxexempt status of the security
 Modifications to the rights of security holders
1.
2.
3.
4.
5.
6.
7.
D.
E.
(Check as appropriate)
 Bond calls
 Defeasances
 Release, substitution, or sale of property securing
repayment of the securities
 Rating changes
 Bankruptcy, insolvency, receivership or similar
event
 Merger, consolidation or acquisition involving the
issuer
 Appointment of a successor or additional trustee or
the change of name of a trustee
8.
9.
10.
11.
12.
13.
14.
 Notice of Failure to Provide Annual Financial Information as Required
Other Secondary Market Information (Specify): Voluntary Disclosure of IRS communication
I hereby represent that I am authorized by the issuer or obligor or its agent to distribute this information publicly:
Issuer Contact:
Name: Shirley M. Erickson
Title: Executive Director
Employer: Maine Educational Loan Authority
Address: 131 Presumpscot Street
City: Portland
Telephone:
Fax: 207-791-3616
207-791-3600
Email Address: [email protected]
State: Maine
Zip Code: 04103
Issuer Web site Address: www.mela.net
Dissemination Agent Contact, if any:
Name Gina M. Reina
Title: Trust Administrator___________________________
Employer Zions First National Bank
Address 1001 17th Street, Suite 850
City: Denver
Telephone 720-947-7473
Fax 855-547-6178
Email Address [email protected]
Relationship to Issuer: Trustee
State: Colorado
Zip Code: 80202
Obligor Contact, if any:
Name N/A
Title
Employer
Address
City
Telephone
Fax
Email Address
Obligor Web site Address
Investor Relations Contact, if any:
Name N/A
Title
Telephone
Email Address
4845-9519-7202.2
State
Zip Code
IRS Examination of 2009 Bonds
On March 4, 2013, the Maine Educational Loan Authority (the “Authority”) received a letter, dated
March 1, 2013 (the “Letter”), from the Internal Revenue Service (the “IRS”) requesting information and
documents for an examination of the Authority’s compliance with federal tax requirements with respect to the
bonds listed below (collectively, the “2009 Bonds”). The 2009 Bonds were issued on May 27, 2009; certain of
the 2009 Bonds (denoted in italicized, underlined text below) matured prior to the date of this material event
notice.
Portions of the Letter also request information with respect to the Authority’s $26,925,000 Student Loan
Revenue & Refunding Bonds (CUSIP numbers 56040PAE8, 56040PAF5 and 56040PAG3) (collectively, the
“2002 Bonds”), as certain of the 2009 Bonds refunded certain of the 2002 Bonds. The 2002 Bonds were issued
on November 15, 2002 and are no longer outstanding – the 2002 Bonds associated with CUSIP 56040PAE8
matured on June 1, 2005, the 2002 Bonds associated with CUSIP 56040PAF5 matured on May 1, 2009 and the
2002 Bonds associated with CUSIP 56040PAG3 were refunded with proceeds of certain of the 2009 Bonds.
The Letter requests that documentation be provided by April 1, 2013. The Letter also notes that the IRS
has no reason at this time to believe that the Authority’s 2009 Bonds fail to comply with applicable federal tax
requirements, but that the IRS does reserve the right to expand the examination to any aspect of the Authority’s
debt issuance. The Authority will cooperate with the IRS’ examination of the 2009 Bonds.
Series:
Maturity Date:
CUSIP:
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2010
56040PAK4
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2011
56040PAL2
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2012
56040PAM0
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2013
56040PAN8
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2014
56040PAP3
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2015
56040PAQ1
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2016
56040PAR9
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2017
56040PAS7
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2018
56040PAT5
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2019
56040PAU2
Student Loan Revenue Bonds Class A Series 2009 A-1
12/01/2022
56040PAX6
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2010
56040PAY4
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2011
56040PAZ1
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2012
56040PBA5
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2013
56040PBB3
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2014
56040PBC1
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2015
56040PBD9
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2016
56040PBE7
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2017
56040PBF4
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2018
56040PBG2
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2019
56040PBH0
Student Loan Revenue Bonds Class A Series 2009 A-2
12/01/2027
56040PBR8
Student Loan Revenue Bonds Class A Series 2009 A-3
12/01/2039
56040PBS6
3
4845-9519-7202.2