Issuer |
Saint Marys Area School District |
State |
Pennsylvania |
Amount1 |
$3,170,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2020 |
Rating |
S&P: A+ Stable Outlook |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $31,700 wire transfer. Please see NOS for details. |
|
Sale Date |
6/24/20 |
Dated Date |
7/29/20 |
Settlement
Date2 |
7/29/20
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
9/15, 3/15 |
Principal Due |
9/15/20 - 9/15/31 |
First Interest
Date |
9/15/20 |
Call Dates |
9/15/25 @ 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 9/1/23 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Knox McLaughlin Gornall & Sennett, P.C., Erie, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 ATTN: Jamie Doyle E-mail: doylej@pfm.com ATTN: Melissa Hughes E-mail: hughesm@pfm.com |
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