Issuer |
North Penn School District |
State |
Pennsylvania |
Amount1 |
$9,440,000 |
Type
Issue/Series |
General Obligation Bonds Series of 2019 |
Rating |
Moody's: Aa1 (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $94,400 wire transfer. Please see NOS for details. |
|
Sale Date |
1/30/19 |
Dated Date |
3/06/19 |
Settlement
Date2 |
3/06/19
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
9/1, 3/1 |
Principal Due |
3/01/20 - 3/01/34 |
First Interest
Date |
9/01/19 |
Call Dates |
3/01/24 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.800% |
Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
No |
Other Details |
For Bonds maturing after 3/1/24, the coupon shall not be less than 4%
Equal or Ascending YTMs required for Bonds maturing on/after 3/1/24 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Kegel Kelin Almy & Lord LLP, Lancaster, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 ATTN: Scott Shearer E-mail: shearers@pfm.com ATTN: Wes Hall E-mail: hallw@pfm.com |
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