Issuer |
Dover Township Sewer Authority |
State |
Pennsylvania |
Amount1 |
$18,810,000 |
Type
Issue/Series |
Guaranteed Sewer Revenue Bonds Series of 2019 |
Rating |
S&P: AA- (stable outlook) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $188,100 wire transfer to Issuer. See NOS for details. |
|
Sale Date |
3/14/19 |
Dated Date |
4/16/19 |
Settlement
Date2 |
4/16/19
|
Sale Time |
11:00 AM - 11:18 AM Eastern Time |
|
Interest Due |
5/1, 11/1 |
Principal Due |
5/01/19 - 5/01/30 |
First Interest
Date |
5/01/19 |
Call Dates |
5/01/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.800% |
Bid Details |
Max. Coupon: 4.000%
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
Bidder's Option / Issuer Pays / Factored into TIC |
Other Details |
Equal or Ascending YTMs required for Bonds maturing on/after 5/1/22 The Maximum coupon is 4.0% |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Stock and Leader LLP York, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Malvern, PA Phone: 610-647-5487 ATTN: Jamie Schlesinger E-mail: schlesingerj@pfm.com ATTN: Wes Hall E-mail: hallw@pfm.com |
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