Issuer |
Union City Area School District |
State |
Pennsylvania |
Amount1 |
$6,475,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2019 |
Rating |
S&P: A+ (stable outlook) |
Bank
Qualified |
Yes |
Good Faith |
The successful bidder to wire $64,750 to the Issuer by 3:00 p.m. on the Sale Date. See NOS for details. |
|
Sale Date |
6/25/19 |
Dated Date |
7/30/19 |
Settlement
Date2 |
7/30/19
|
Sale Time |
11:00 AM - 11:16 AM Eastern Time |
|
Interest Due |
5/15, 11/15 |
Principal Due |
5/15/21 - 5/15/39 |
First Interest
Date |
5/15/20 |
Call Dates |
11/15/24 @ 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 5/15/27. No Bond maturing after 5/15/24, 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 |
Knox McLaughlin Gornall & Sennett, P.C. Erie, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Attn: Jamie Doyle (doylej@pfm.com) Telephone: 717-232-2723 Attn: Melissa Hughes (hughesm@pfm.com) Telephone: 717-232-2723 |
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