Issuer |
Quakertown Community School District |
State |
Pennsylvania |
Amount1 |
$9,700,000 |
Type
Issue/Series |
General Obligation Bonds Series of 2019 |
Rating |
Moody's: Aa3 (underlying) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $97,000 wire transfer to Issuer. See NOS for details. |
|
Sale Date |
4/02/19 |
Dated Date |
5/07/19 |
Settlement
Date2 |
5/07/19
|
Sale Time |
11:00 AM - 11:25 AM Eastern Time |
|
Interest Due |
9/1, 3/1 |
Principal Due |
9/01/20 - 9/01/42 |
First Interest
Date |
9/01/19 |
Call Dates |
9/01/24 @ 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 9/1/27 No Bond maturing after 9/1/24, shall have a coupon less than 4% |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Fox Rothschild LLP, Blue Bell, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA ATTN: Jamie Doyle E-mail: doylej@pfm.com ATTN: Melissa Hughes E-mail: hughesm@pfm.com Phone: 717-232-2723 |
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