Issuer |
School District of Pittsburgh |
State |
Pennsylvania |
Amount1 |
$25,155,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2018 |
Rating |
Moody's: Aa2 |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $251,550 wire transfer. Please see NOS for details. |
|
Sale Date |
10/25/18 |
Dated Date |
11/29/18 |
Settlement
Date2 |
11/29/18
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
3/1, 9/1 |
Principal Due |
9/01/20 - 9/01/38 |
First Interest
Date |
3/01/19 |
Call Dates |
3/01/27 @ 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 |
For Bonds maturing on/after 9/1/27, the coupon shall not be less than 4%
Equal or Ascending YTMs required for Bonds maturing on/after 9/1/26 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Law Offices of Wayne D. Gerhold Pittsburgh, PA and R. Darryl Ponton & Associates Pittsburgh, PA Co-Bond Counsel |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 ATTN: Jamie Doyle E-mail: doylej@pfm.com ATTN: Chris Bamber E-mail: bamberc@pfm.com |
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