| Issuer |
School District of Haverford Township |
| State |
Pennsylvania |
|
Amount1 |
$45,300,000 |
| Type
Issue/Series |
General Obligation Bonds,
consisting of:
$34,995,000* Series A of 2019
$10,305,000* Series B of 2019 |
|
Rating |
Moody's: Aa3 (Positive Outlook) |
| Bank
Qualified |
No |
|
Good Faith |
The successful bidder to wire $453,000 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
|
Sale Date |
11/14/19 |
|
Dated Date |
12/19/19 |
| Settlement
Date2 |
12/19/19
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
3/1, 9/1 |
| Principal Due |
3/01/21 - 3/01/30 |
| First Interest
Date |
3/01/20 |
| Call Dates |
9/01/28 @ 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 |
| Other Details |
Equal or Ascending YTMs required for 2019A Bonds maturing on/after 3/1/26
Equal or Ascending YTMs required for 2019B Bonds maturing on/after 3/1/22 |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Saul Ewing Arnstein & Lehr LLP,
Philadelphia, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
PFM Financial Advisors LLC
Harrisburg, PA
Phone: 717-232-2723
Attn: Jamie Schlesinger
Email: schlesingerj@pfm.com
Attn: Melissa Hughes
Email: hughesm@pfm.com |
|
|