| Issuer |
Township of Upper Moreland |
| State |
Pennsylvania |
|
Amount1 |
$5,300,000 |
| Type
Issue/Series |
General Obligation Notes,
Series of 2012 |
|
Rating |
Moody's: Aa2 |
| Bank
Qualified |
Yes |
|
Good Faith |
The successful bidder will be required to wire $53,000 to the Township as bid security by 3:00 p.m. on February 6, 2012. The Financial Advisor will contact the successful bidder to provide wire instructions. |
|
|
Sale Date |
2/06/12 |
|
Dated Date |
3/13/12 |
| Settlement
Date2 |
3/13/12
|
|
Sale Time |
11:00 AM - 11:28 AM Eastern Time |
|
|
Interest Due |
9/1, 3/1 |
| Principal Due |
9/01/12 - 9/01/21 |
| First Interest
Date |
9/01/12 |
| Call Dates |
3/01/17 @ Par |
| Term Bonds |
Allowed - Starting 2013 |
|
Min. Bid Price
|
98.800% |
| 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 |
Saul Ewing LLP,
Philadelphia, 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: Brad Remig
E-mail: remigb@pfm.com
ATTN: Zach Williard
E-mail: williardz@pfm.com |
|
|