Issuer |
Community Unit School District Number 302 (Kaneland) |
State |
Illinois |
Amount1 |
$21,865,000 |
Type
Issue/Series |
General Obligation School Refunding Bonds, Series 2018 |
Rating |
S&P: AA (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
Successful underwriter to check/wire 2% by 3:30pm CT on day of award. See NOS for details. |
|
Sale Date |
10/18/18 |
Dated Date |
11/13/18 |
Settlement
Date2 |
11/13/18
|
Sale Time |
10:45 AM - 11:06 AM Eastern Time |
|
Interest Due |
2/1, 8/1 |
Principal Due |
2/01/20 - 2/01/29 |
First Interest
Date |
2/01/19 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
100.000% |
Bid Details |
Max. Coupon: 5.000%
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
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 |
PMA Securities, Inc. Naperville, IL Attn: Jen Currier Phone: (630) 657-6443 Email: jcurrier@pmanetwork.com |
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