Issuer |
Newport School District |
State |
Pennsylvania |
Amount1 |
$9,995,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2017 |
Rating |
S&P: A+ (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder only - $99,950 wire to the issuer. |
|
Sale Date |
6/27/17 |
Dated Date |
7/31/17 |
Settlement
Date2 |
7/31/17
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
2/15, 8/15 |
Principal Due |
2/15/18 - 8/15/36 |
First Interest
Date |
2/15/18 |
Call Dates |
8/15/22 @ 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 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Rhoads & Sinon LLP Harrisburg, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC One Keystone Plaza, Suite 300 North Front & Market Streets P.O. Box 11813 Harrisburg, PA 17108 Telephone: 717-232-2723 ATTN: Jamie Doyle (doylej@pfm.com) ATTN: Melissa Hughes (hughesm@pfm.com) |
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