TERMS* [ Print Page ]    
Pottstown.Borough.GWRB.19
  Issuer Pottstown Borough Authority
  State Pennsylvania
  Amount1 $7,490,000
  Type Issue/Series   Guaranteed Water Revenue Bonds, Series of 2019
  Rating   S&P: AA (Stable Outlook)
  Bank Qualified Yes
  Good Faith The successful bidder to wire $74,900 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details.

  Sale Date 10/16/19
  Dated Date 11/14/19
  Settlement Date2   11/14/19
  Sale Time 11:00 AM - 11:15 AM Eastern Time

  Interest Due 12/15, 6/15
  Principal Due 12/15/19 - 6/15/27
  First Interest Date   12/15/19
  Call Dates 12/15/24 @ 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 6/15/21.

  Bid Format All-Or-None
  Auction Format  Open
  Award Basis TIC to Dated Date
  Two-Minute Rule   Yes
  Bond Counsel Lamb McErlane PC
West Chester, Pennsylvania
  Web Site www.PFMauction.com
  Contact PFM Financial Advisors LLC
Malvern, PA 19355
Phone: (610) 647-5487
Attn: Jamie Schlesinger
Email: schlesinger@pfm.com
Attn: Ben Kapenstein
Email: kapensteinb@pfm.com
Terms as of 10/14/2019 @ 12:18 am
1Preliminary, subject to change
2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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