Issuer |
West Chester Area School District |
State |
Pennsylvania |
Amount1 |
$17,310,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2020 |
Rating |
Moody's: Aaa (stable outlook) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $173,100 wire transfer. Please see NOS for details. |
|
Sale Date |
8/03/20 |
Dated Date |
9/09/20 |
Settlement
Date2 |
9/09/20
|
Sale Time |
12:00 PM - 12:20 PM Eastern Time |
|
Interest Due |
3/15, 9/15 |
Principal Due |
3/15/21 - 3/15/32 |
First Interest
Date |
3/15/21 |
Call Dates |
9/15/27 @ 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 3/15/24. Max coupon for bonds maturing on/after 9/15/27 is 3.0% |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Eckert Seamans Cherin & Mellott, LLC, Harrisburg, PA |
Web
Site |
www.PFMauction.com |
Contact |
PFM Financial Advisors LLC Harrisburg, PA Phone: 717-232-2723 ATTN: Christopher Bamber E-mail: bamberc@pfm.com |
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