Issuer |
Township of Middletown |
State |
Pennsylvania |
Amount1 |
$14,095,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2020 |
Rating |
Moody's: Aaa (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
The successful bidder to wire $140,950 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
Sale Date |
1/14/20 |
Dated Date |
2/19/20 |
Settlement
Date2 |
2/19/20
|
Sale Time |
12:00 PM - 12:23 PM Eastern Time |
|
Interest Due |
4/15, 10/15 |
Principal Due |
10/15/20 - 10/15/29 |
First Interest
Date |
4/15/20 |
Call Dates |
10/15/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.800% |
Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
No |
Other Details |
Equal or Ascending YTMs required for Bonds maturing on/after 10/15/23. |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Curtin & Heefner LLP, Yardley, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 Attn: Chris Bamber Email: bamberc@pfm.com |
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