| Issuer |
Community College District No. 532 |
| State |
Illinois |
|
Amount1 |
$19,815,000 |
| Type
Issue/Series |
General Obligation Limited Tax Bonds,
Series 2012 |
|
Rating |
Moody's: Aaa |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder to submit deposit of 2% of par in the form of certified or cashier's check, or wire no later than 3:30 pm (CST) on the day following award. |
|
|
Sale Date |
1/26/12 |
|
Dated Date |
2/16/12 |
| Settlement
Date2 |
2/16/12
|
|
Sale Time |
10:45 AM - 11:01 AM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
6/01/12 - 12/01/27 |
| First Interest
Date |
6/01/12 |
| Call Dates |
12/01/21 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
100.750% / 107.000% |
| Bid Details |
Max. Coupon: 5.000%
Non-descending Coupons Required - Starting 2012
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
Attorneys fees, Rating Agency fees, Financial Advisor fees, the cost of preparing and printing the Notes, the cost of printing and mailing the Official Notice of Sale, the Preliminary Official Statement and the Official Statement and miscellaneous expenses of said District incurred in connection with the offering and delivery of the Notes shall all be the obligation of said District. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Chapman and Cutler LLP,
Chicago, IL |
| Web
Site |
www.MuniAuction.com |
| Contact |
PMA Securities, Inc.
2135 CityGate Lane, 7th Floor
Naperville, IL 60563
Attention: Jennifer Currier
Telephone: 630-657-6443
Facsimile: 630-718-8701
E-Mail: jcurrier@pmanetwork.com |
|
|