| Issuer |
Community Consolidated School District Number 118 (Palos) |
| State |
Illinois |
|
Amount1 |
$6,000,000 |
| Type
Issue/Series |
General Obligation Limited Tax School Bonds,
Series 2012A |
|
Rating |
Standard & Poor's: AA+ |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder only is required to submit a 2% of par good faith wire transfer or certified cashier's check payable to the School Treasurer by 3:30 PM CST on the next business day following the award. |
|
|
Sale Date |
1/17/12 |
|
Dated Date |
2/07/12 |
| Settlement
Date2 |
2/07/12
|
|
Sale Time |
11:15 AM - 11:30 AM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
12/01/14 - 12/01/16 |
| First Interest
Date |
12/01/12 |
| Call Dates |
Non-Callable |
| Term Bonds |
No |
|
Min/Max Bid Price
|
101.400% / 104.000% |
| Bid Details |
Max. Coupon: 5.5%
Non-descending Coupons Required - Starting 2014
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
|
| 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 |
|
|