TERMS* [ Print Page ]    
  Issuer City of Baltimore
  State Maryland
  Amount1 $47,190,000
  Type Issue/Series   Consolidated Public Improvement Bonds
  Series 2020A (Tax-Exempt)
  • Moody's: Aa2
  • S&P: AA
  •   Bank Qualified No
      Good Faith Winning bidder only; $471,900 wire transfer by 2pm ET on sale day. See NOS for details.

      Sale Date 6/16/20
      Dated Date 6/29/20
      Settlement Date2   6/29/20
      Sale Time 11:00 AM - 11:15 AM Eastern Time

      Interest Due 10/15, 4/15
      Principal Due 10/15/21 - 10/15/40
      First Interest Date   10/15/20
      Call Dates 10/15/30 @ Par
      Term Bonds Allowed
      Min. Bid Price   100.000%
      Bid Details Max. Coupon: 4.0%
    Multiple: Either 1/8th or 1/20th or 1/100th of 1%
    Zero Coupons Not Allowed
      Insurance Bidder's Option / Bidder Pays / Not Factored into TIC
      Other Details Bonds may not be reoffered at a price less than 98.50%

      Bid Format All-Or-None
      Auction Format  Open
      Award Basis TIC to Dated Date
      Two-Minute Rule   Yes
      Bond Counsel McKennon Shelton & Henn LLP
    Baltimore, MD

      Web Site www.PFMauction.com
      Contact PFM Financial Advisors LLC
    Philadelphia, PA
    Kathy Clupper, Managing Director
    Trina Smith, Senior Managing Consultant
    Phone: (215) 557-1430
    Email: clupperk@pfm.com
    Email: smithtr@pfm.com
      Issuer City of Baltimore
    Jennell A. Rogers
    Chief, Bureau of Treasury Management
    Phone: (410) 396-3386
    Email: jennell.rogers@baltimorecity.gov
    Terms as of 9/20/2020 @ 10:47 pm
    1Preliminary, subject to change
    2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
    * Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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