| Issuer |
School District No. 122 (Ridgeland) |
| State |
Illinois |
|
Amount1 |
$3,415,000 |
| Type
Issue/Series |
General Obligation Refunding School Bonds,
Series 2011D-2 |
|
Rating |
Standard & Poor's: AA- (Stable Outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
Winning Underwriter to submit wire/check for $68,300 (2% of par) by 3:30 PM CST on the next business day following award. See NOS for detailed instructions. |
|
|
Sale Date |
12/15/11 |
|
Dated Date |
12/29/11 |
| Settlement
Date2 |
12/29/11
|
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
12/01/28 - 12/01/30 |
| First Interest
Date |
6/01/12 |
| Call Dates |
12/01/21 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
99.500% / 102.000% |
| Bid Details |
Max. Coupon: 6.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
The par amount of the December 1, 2030 maturity of the Bonds will be modified as necessary after the Auction to accomplish
the purposes of the Refunding. |
|
| 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 |
John Repsholdt
Financial Advisor
6390 Twin Oaks Lane
Lisle, Illinois 60532
Phone: (630) 303-0546.
Email: john.repsholdt@comcast.net |
|
|