| Issuer |
East Stroudsburg Area School District |
| State |
Pennsylvania |
|
Amount1 |
$9,995,000 |
| Type
Issue/Series |
General Obligation Bonds,
Consisting of
$7,495,000* Series of 2012 and
$2,500,000* Series A of 2012 |
|
Rating |
Moodys Aa3 (negative outlook)(based on State Intercept Program) with an underlying of Moodys A1 |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder required to wire $99,950 to the School District by 3:00 on 11/21/2011. Financial Advisor will contact the successful bidder with wire instructions. |
|
|
Sale Date |
11/21/11 |
|
Dated Date |
1/03/12 |
| Settlement
Date2 |
1/03/12
|
|
Sale Time |
11:00 AM - 11:23 AM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
11/15/12 - 11/15/31 |
| First Interest
Date |
5/15/12 |
| Call Dates |
5/15/17 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Issuer Pays / Factored into TIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Rhoads & Sinon, LLP,
Harrisburg, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
Public Financial Management, Inc.
One Keystone Plaza, Suite 300
North Front & Market Streets
Harrisburg, PA
Telephone: 717-232-2723
ATTN: Jamie Doyle
E-mail: doylej@pfm.com
ATTN: Chris Bamber
E-mail: bamberc@pfm.com |
|
|