| Issuer |
City of Arlington |
| State |
Texas |
|
Amount1 |
$16,230,000 |
| Type
Issue/Series |
Water and Wastewater System Revenue Refunding Bonds, Series 2019B |
|
Rating |
Moody's: Aa1S&P: AAAFitch: AAA |
| Bank
Qualified |
No |
|
Good Faith |
$324,600 check due prior to bidding. See NOS for details. |
|
|
Sale Date |
5/15/19 |
|
Dated Date |
6/13/19 |
| Settlement
Date2 |
6/13/19
|
|
Sale Time |
10:00 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
6/01/20 - 6/01/28 |
| First Interest
Date |
12/01/19 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
104.000% / 110.000% |
| Bid Details |
Max. Coupon: 5.000%
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
Even though the Bonds are officially 'Dated' on 5/1/19, Interest will accrue and TIC will be calculated to the 'Delivery Date' of 6/13/19
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Settlement Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Bracewell LLP
Dallas, TX |
| Web
Site |
www.MuniAuction.com |
| Contact |
Estrada Hinojosa & Company, Inc.
Dallas, TX
Attn: Dave Gordon (214-658-1670)
Email: dgordon@ehmuni.com |
| Issuer |
City of Arlington, TX
Finance Department - Treasurer
Attn: Ethan Klos (817-459-6303)
Email: ethan.klos@arlingtontx.gov |
|
|