TERMS* [ Print Page ]    
  Issuer City of Arlington
  State Texas
  Amount1 $16,230,000
  Type Issue/Series   Water and Wastewater System Revenue Refunding Bonds, Series 2019B
  • Moody's: Aa1
  • S&P: AAA
  • Fitch: 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
    Terms as of 8/25/2019 @ 9:40 pm
    1Preliminary, subject to change
    2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
    * Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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