Bring-Down Comfort Letter

Bring-Down Comfort Letter

Before or during a new issue, a statement by an auditor that a comfort letter previously published is still valid. A comfort letter is a statement indicating that, while a full audit has not been done, a review of the issue's prospectus has revealed nothing inaccurate or misleading. The bring-down comfort letter indicates the previous comfort letter is still valid.
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2) Comfort letters and subsequent bring-down comfort letters, as required and upon the issuance of the 2016, 2017 and 2018 audited financial statements, for bond financings.