Issuer |
Northampton Area School District |
State |
Pennsylvania |
Amount1 |
$9,995,000 |
Type
Issue/Series |
General Obligation Bonds Series AA of 2020 |
Rating |
Moody's: Aa3 (negative outlook) |
Bank
Qualified |
Yes |
Good Faith |
The successful bidder to wire $99,950 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
Sale Date |
6/04/20 |
Dated Date |
7/09/20 |
Settlement
Date2 |
7/09/20
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
10/1, 4/1 |
Principal Due |
10/01/20 - 10/01/34 |
First Interest
Date |
10/01/20 |
Call Dates |
10/01/25 @ 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 |
Other Details |
Equal or Ascending YTMs required for Bonds maturing on/after 10/1/24. |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
King, Spry, Herman, Freund & Faul LLC Bethlehem, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 Attn: Jamie Doyle Email: doylej@pfm.com Attn: Chris Bamber Email: bamberc@pfm.com |
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