| Issuer |
Mechanicsburg Area School District |
| State |
Pennsylvania |
|
Amount1 |
$14,995,000 |
| Type
Issue/Series |
General Obligation Bonds
Series of 2019 |
|
Rating |
S&P: AA (Underlying) |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $149,950 wire to Issuer. See NOS for details. |
|
|
Sale Date |
3/12/19 |
|
Dated Date |
4/16/19 |
| Settlement
Date2 |
4/16/19
|
|
Sale Time |
12:00 PM - 12:16 PM Eastern Time |
|
|
Interest Due |
11/15, 5/15 |
| Principal Due |
5/15/20 - 5/15/42 |
| First Interest
Date |
11/15/19 |
| Call Dates |
11/15/26 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
The minimum coupon for Bonds maturing after 11/15/26 (Call Date) 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
Harrisburg, PA
Phone: 717-232-2723
Attn: Brad Remig (remigb@pfm.com)
Attn: Melissa Hughes (hughesm@pfm.com) |
|
|