Issuer |
Souderton Area School District |
State |
Pennsylvania |
Amount1 |
$9,600,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2019 |
Rating |
S&P: Aa2 (Negative Outlook) (Underlying) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $96,000 wire transfer. Please see NOS for details. |
|
Sale Date |
6/24/19 |
Dated Date |
7/29/19 |
Settlement
Date2 |
7/29/19
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
9/15, 3/15 |
Principal Due |
9/15/19 - 9/15/24 |
First Interest
Date |
9/15/19 |
Call Dates |
Non-Callable |
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 9/15/20.
|
|
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 (doylej@pfm.com) Phone: 717-232-2723 Attn: Melissa Hughes (hughesm@pfm.com) |
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