| Issuer |
Borough of Phoenixville |
| State |
Pennsylvania |
|
Amount1 |
$23,270,000 |
| Type
Issue/Series |
General Obligation Bonds, Series of 2012 |
|
Rating |
Standard & Poor's: AA (Stable) |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder required to wire $232,700 to the Issuer by 4:00 p.m. on 1/10/12. Financial Advisor will contact the successful bidder with wire instructions. |
|
|
Sale Date |
1/10/12 |
|
Dated Date |
2/15/12 |
| Settlement
Date2 |
2/15/12
|
|
Sale Time |
11:00 AM - 11:20 AM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
11/15/12 - 11/15/37 |
| First Interest
Date |
5/15/12 |
| Call Dates |
5/15/22 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.500% |
| Bid Details |
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 |
Cozen O'Connor LLP, Philadelphia, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
VALCO Capital, Ltd. 147 Hermitage Circle Ligonier, PA 15658 Attn: Gary Pulcini Telephone: 724-238-7900 Facsimile: 724-995-8133 |
|
|