| Issuer |
Pottstown Borough Authority |
| State |
Pennsylvania |
|
Amount1 |
$7,490,000 |
| Type
Issue/Series |
Guaranteed Water Revenue Bonds, Series of 2019 |
|
Rating |
S&P: AA (Stable Outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
The successful bidder to wire $74,900 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
|
Sale Date |
10/16/19 |
|
Dated Date |
11/14/19 |
| Settlement
Date2 |
11/14/19
|
|
Sale Time |
11:00 AM - 11:16 AM Eastern Time |
|
|
Interest Due |
12/15, 6/15 |
| Principal Due |
12/15/19 - 6/15/27 |
| First Interest
Date |
12/15/19 |
| Call Dates |
12/15/24 @ 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 6/15/21. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Lamb McErlane PC
West Chester, Pennsylvania |
| Web
Site |
www.PFMauction.com |
| Contact |
PFM Financial Advisors LLC
Malvern, PA 19355
Phone: (610) 647-5487
Attn: Jamie Schlesinger
Email: schlesinger@pfm.com
Attn: Ben Kapenstein
Email: kapensteinb@pfm.com
|
|
|