| Issuer |
County of Cape May |
| State |
New Jersey |
|
Amount |
$50,000,000 |
| Type
Issue/Series |
General Obligation Bonds, Series 2019 |
|
Rating |
Moody's: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
$1,000,000 Good Faith check or wire to Issuer prior to bid, as provided in NOS. |
|
|
Sale Date |
9/12/19 |
|
Dated Date |
10/03/19 |
| Settlement
Date1 |
10/03/19
|
|
Sale Time |
11:00 AM - 11:20 AM Eastern Time |
|
|
Interest Due |
4/1, 10/1 |
| Principal Due |
10/01/20 - 10/01/34 |
| First Interest
Date |
4/01/20 |
| Call Dates |
10/01/26 @ Par |
| Term Bonds |
No |
|
Min/Max Bid Price
|
100.000% / 107.000% |
| Bid Details |
Max. Spread: 2%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Archer & Greiner P.C Red Bank, NJ Attn: John M. Cantalupo, Esq., Email: jcantalupo@archerlaw.com Phone: 732-268-8009
|
| Web
Site |
www.MuniAuction.com |
| Contact |
Phoenix Advisors' LLC, Bordentown, NJ Attn: Sherry Tracey Email: stracey@muniadvisors.com Phone: 609-291-0130 |
|
|