| Issuer |
Township of Middletown |
| State |
Pennsylvania |
|
Amount1 |
$14,095,000 |
| Type
Issue/Series |
General Obligation Bonds, Series of 2020 |
|
Rating |
Moody's: Aaa (Stable Outlook) |
| Bank
Qualified |
No |
|
Good Faith |
The successful bidder to wire $140,950 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
|
Sale Date |
1/14/20 |
|
Dated Date |
2/19/20 |
| Settlement
Date2 |
2/19/20
|
|
Sale Time |
12:00 PM - 12:23 PM Eastern Time |
|
|
Interest Due |
4/15, 10/15 |
| Principal Due |
10/15/20 - 10/15/29 |
| First Interest
Date |
4/15/20 |
| Call Dates |
10/15/27 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
Equal or Ascending YTMs required for Bonds maturing on/after 10/15/23. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Curtin & Heefner LLP,
Yardley, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
PFM Financial Advisors LLC
Harrisburg, PA
Phone: 717-232-2723
Attn: Chris Bamber
Email: bamberc@pfm.com |
|
|