| Issuer |
Township of Lower Makefield |
| State |
Pennsylvania |
|
Amount1 |
$10,160,000 |
| Type
Issue/Series |
General Obligation Bonds, Series of 2018 |
|
Rating |
Moody's: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $101,600 wire transfer. Please see NOS for details. |
|
|
Sale Date |
5/22/18 |
|
Dated Date |
6/25/18 |
| Settlement
Date2 |
6/25/18
|
|
Sale Time |
11:00 AM - 11:17 AM Eastern Time |
|
|
Interest Due |
12/15, 6/15 |
| Principal Due |
12/15/18 - 6/15/33 |
| First Interest
Date |
12/15/18 |
| Call Dates |
6/15/28 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
Please Note: Equal or Ascending YTMs are required for Bonds maturing on/after 6/15/29. See Section 15 of NOS. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Eastburn and Gray, P.C.
Doylestown, PA |
| Web
Site |
www.PFMauction.com |
| Contact |
PFM Financial Advisors LLC
Malvern, PA
Telephone: 610-647-5487
ATTN: Jamie Schlesinger
E-mail: schlesingerj@pfm.com
ATTN: Wes Hall
E-mail: hallw@pfm.com |
|
|