Issuer |
School District of Haverford Township |
State |
Pennsylvania |
Amount1 |
$45,300,000 |
Type
Issue/Series |
General Obligation Bonds, consisting of: $34,995,000* Series A of 2019 $10,305,000* Series B of 2019 |
Rating |
Moody's: Aa3 (Positive Outlook) |
Bank
Qualified |
No |
Good Faith |
The successful bidder to wire $453,000 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
Sale Date |
11/14/19 |
Dated Date |
12/19/19 |
Settlement
Date2 |
12/19/19
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
3/1, 9/1 |
Principal Due |
3/01/21 - 3/01/30 |
First Interest
Date |
3/01/20 |
Call Dates |
9/01/28 @ 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 |
Equal or Ascending YTMs required for 2019A Bonds maturing on/after 3/1/26 Equal or Ascending YTMs required for 2019B Bonds maturing on/after 3/1/22 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Saul Ewing Arnstein & Lehr LLP, Philadelphia, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 Attn: Jamie Schlesinger Email: schlesingerj@pfm.com Attn: Melissa Hughes Email: hughesm@pfm.com |
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