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 |
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