| Issuer |
State Public School Building Authority |
| State |
Pennsylvania |
|
Amount1 |
$3,805,000 |
| Type
Issue/Series |
Guaranteed School Building Revenue Bonds (Indiana County Technology Center Project),
Series 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 |
No |
|
Good Faith |
Successful bidder required to wire $38,050 to the Issuer by 3:00 p.m. on the day of the award. Please see wire instructions on pg. 7 of the NOS.. |
|
|
Sale Date |
1/12/12 |
|
Dated Date |
2/15/12 |
| Settlement
Date2 |
2/15/12
|
|
Sale Time |
1:
00 PM - 1:30 PM Eastern Time |
|
|
Interest Due |
4/15, 10/15 |
| Principal Due |
10/15/12 - 10/15/24 |
| First Interest
Date |
4/15/12 |
| Call Dates |
4/15/19 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.500% |
| 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 |
Eckert Seamans Cherin & Mellott, LLC,
Pittsburgh, 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: Jamie Doyle
E-mail: doylej@pfm.com
ATTN: Christoper Bamber
E-mail: bamberc@pfm.com |
|
|