TERMS* [ Print Page ]    
Chambersburg.SD.GOB.20A
  Issuer Chambersburg Area School District
  State Pennsylvania
  Amount1 $7,790,000
  Type Issue/Series   General Obligation Bonds, Series A of 2020
  Rating   Moody's: Aa3
  Bank Qualified Yes
  Good Faith The successful bidder to wire $77,900 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details.

  Sale Date 2/25/20
  Dated Date 4/02/20
  Settlement Date2   4/02/20
  Sale Time 11:00 AM - 11:25 AM Eastern Time

  Interest Due 9/1, 3/1
  Principal Due 3/01/21 - 3/01/40
  First Interest Date   9/01/20
  Call Dates 3/01/25 @ 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 Coupon shall not be less than 4.00% for Bonds maturing after 3/1/25
Equal or Ascending YTMs required for Bonds maturing on/after 3/1/27

  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
Harrisburg, PA
Phone: 717-232-2723
Attn: John Frey
Email: freyj@pfm.com
Attn: Garrett Moore
Email: mooreg@pfm.com
Terms as of 3/28/2024 @ 6:54 am
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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