TERMS* [ Print Page ]    
Skippack.Twp.GOs.19.AON
  Issuer Skippack Township
  State Pennsylvania
  Amount1 $8,000,000
  Type Issue/Series   General Obligation Bonds
  Series of 2019
  Rating   Moody's: Aaa (stable outlook) (underlying)
  Bank Qualified Yes
  Good Faith Successful bidder - $80,000 wire transfer to Issuer, see NOS for details.

  Sale Date 5/09/19
  Dated Date 6/11/19
  Settlement Date2   6/11/19
  Sale Time 12:00 PM - 12:17 PM Eastern Time

  Interest Due 9/1, 3/1
  Principal Due 9/01/19 - 9/01/38
  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 No
  Other Details Equal or Ascending YTMs required for Bonds maturing on/after 9/1/25.


No Bond maturing on/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 Dilworth Paxon LLP
Philadelphia, PA
  Web Site www.PFMauction.com
  Contact PFM Financial Advisors LLC
Malvern, PA
ATTN: Jamie Schlesinger
E-mail: schlesingerj@pfm.com
ATTN: Melissa Hughes
E-mail: hughesm@pfm.com
Phone: 610-647-5487
Terms as of 3/29/2024 @ 3:55 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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