| Issuer |
Lower Merion School District |
| State |
Pennsylvania |
|
Amount1 |
$34,790,000 |
| Type
Issue/Series |
General Obligation Bonds,
Series of 2012 |
|
Rating |
Moody's: Aaa (negative outlook) |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder required to wire $347,900 to the School District by 3:00 p.m. on the day of the award. Financial Advisor will contact the successful bidder with wire instructions. |
|
|
Sale Date |
1/23/12 |
|
Dated Date |
2/27/12 |
| Settlement
Date2 |
2/27/12
|
|
Sale Time |
12:00 PM - 12:21 PM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
5/15/12 - 5/15/18 |
| First Interest
Date |
5/15/12 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.500% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
|
| 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 17101-2044
Telephone: 717-232-2723
ATTN: Jason Brockman
E-mail: brockmanj@pfm.com
ATTN: Zach Williard
E-mail: williardz@pfm.com |
|
|