| Issuer |
Homer-Center School District |
| State |
Pennsylvania |
|
Amount1 |
$9,995,000 |
| Type
Issue/Series |
General Obligation Bonds
consisting of
$6,450,000* Series of 2012
$3,545,000* Series A of 2012 |
|
Rating |
Moody's: Underlying: A3 Enhanced: Aa3 (Negative Outlook) based on additional security provided by the Commonwealth of Pennsylvania's Act 150 School District Intercept Program. |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder will be required to wire $99,950 to the School District as bid security by 3:00 p.m. on 1/25/2012. The Financial Advisor will contact the successful bidder to provide wire instructions. |
|
|
Sale Date |
1/25/12 |
|
Dated Date |
3/02/12 |
| Settlement
Date2 |
3/02/12
|
|
Sale Time |
11:00 AM - 11:17 AM Eastern Time |
|
|
Interest Due |
9/1, 3/1 |
| Principal Due |
9/01/12 - 9/01/20 |
| First Interest
Date |
9/01/12 |
| Call Dates |
3/01/17 @ 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 |
Dinsmore & Shohl LLP
One Oxford Centre
301 Grant Street, Suite 2900
Pittsburgh, PA 15219 |
| Web
Site |
www.PFMauction.com |
| Contact |
Public Financial Management, Inc.
One Keystone Plaza, Suite 300
North Front & Market Streets
Harrisburg, PA 17101-2044
Telephone: 717-232-2723
ATTN: Jamie Doyle
E-mail: doylej@pfm.com
ATTN: Christoper Bamber
E-mail: bamberc@pfm.com |
|
|