| Issuer |
Bernalillo County |
| State |
New Mexico |
|
Amount1 |
$31,740,000 |
| Type
Issue/Series |
Gross Receipts Tax Revenue Bonds
Series 2017A |
|
Rating |
S&P: AAA; Moody's: Aa2; Fitch: AA+ |
| Bank
Qualified |
No |
|
Good Faith |
Winning bidder to wire two percent (2%) of par to the County by 2:30 pm MT on day of sale. See NOS for details. |
|
|
Sale Date |
10/25/17 |
|
Dated Date |
11/16/17 |
| Settlement
Date2 |
11/16/17
|
|
Sale Time |
10:00 AM - 10:31 AM Eastern Time |
|
|
Interest Due |
6/15, 12/15 |
| Principal Due |
6/15/19 - 6/15/37 |
| First Interest
Date |
6/15/18 |
| Call Dates |
6/15/27 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.000% |
| Bid Details |
Max. Coupon: 5.000%
Max. Spread: 2.500%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
The maximum net effective interest rate permitted on the Bonds is ten percent (10%) per annum. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Sherman & Howard LLC
Albuquerque, NM |
| Web
Site |
www.MuniAuction.com |
| Contact |
RBC Capital Markets
Albuquerque, NM
Phone: (505) 872-5999
Attn: Paul Cassidy
Email: paul.cassidy@rbccm.com |
|
|