| Issuer |
State Public School Building Authority, PA |
| State |
Pennsylvania |
|
Amount1 |
$8,020,000 |
| Type
Issue/Series |
(Mon Valley Career & Technology Center Project) School Building (General Obligation Secured) Bonds, Series of 2012 |
|
Rating |
Moodys 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 $80,200 to the Issuer by 3:00 p.m. on the day of the award. See pg. 7 of NOS for instructions. |
|
|
Sale Date |
2/02/12 |
|
Dated Date |
2/23/12 |
| Settlement
Date2 |
2/23/12
|
|
Sale Time |
12:00 PM - 12:18 PM Eastern Time |
|
|
Interest Due |
9/1, 3/1 |
| Principal Due |
9/01/13 - 9/01/26 |
| First Interest
Date |
9/01/12 |
| Call Dates |
3/01/19 @ 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 |
Campbell & Levine, 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 |
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