Issuer |
Borough of Chambersburg |
State |
Pennsylvania |
Amount1 |
$9,680,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2019 |
Rating |
Moody's: Aa3 (Underlying) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $96,800 wire transfer. Please see NOS for details. |
|
Sale Date |
2/25/19 |
Dated Date |
4/04/19 |
Settlement
Date2 |
4/04/19
|
Sale Time |
12:00 PM - 12:16 PM Eastern Time |
|
Interest Due |
10/1, 4/1 |
Principal Due |
10/01/20 - 10/01/39 |
First Interest
Date |
10/01/19 |
Call Dates |
4/01/24 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.800% |
Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
Bidder's Option / Issuer Pays / Factored into TIC |
Other Details |
Bonds maturing after 10/1/26, shall not have a coupon less than 4% Equal or Ascending YTMs required for Bonds maturing on/after 10/1/26 |
|
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 Harrisburg, Pennsylvania |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC One Keystone Plaza, Suite 300 North Front & Market Streets Harrisburg, PA 17101 Phone: 717-232-2723 ATTN: John Frey E-mail: freyj@pfm.com ATTN: Melissa Hughes E-mail: hughesm@pfm.com |
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