| Issuer |
City of Albuquerque |
| State |
New Mexico |
|
Amount1 |
$136,470,000 |
| Type
Issue/Series |
General Obligation Bonds
consisting of:
$67,830,000* General Purpose Bonds Series 2020A,
$11,210,000* Storm Sewer Bonds, Series 2020B, and
$57,430,000* Refunding Bonds, Series 2020D |
|
Rating |
S&P: AAAFitch: AA+ |
| Bank
Qualified |
No |
|
Good Faith |
Winning bidder to wire 2% of par to Issuer by 2pm MT on day of sale |
|
|
Sale Date |
3/03/20 |
|
Dated Date |
4/07/20 |
| Settlement
Date2 |
4/07/20
|
|
Sale Time |
10:30 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
7/1, 1/1 |
| Principal Due |
7/01/21 - 7/01/25 |
| First Interest
Date |
7/01/20 |
| Call Dates |
7/01/28 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Coupon: 5.000%
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
| Insurance |
No |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Modrall, Sperling, Roehl, Harris & Sisk, P.A.
Albuquerque, NM |
| Web
Site |
www.MuniAuction.com |
| Contact |
RBC Capital Markets
Albuquerque, NM
Phone: (505) 872-5999
Attn: Erik Harrigan
Email: erik.harrigan@rbccm.com |
|
|