Issuer |
County of Cape May |
State |
New Jersey |
Amount |
$50,000,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2019 |
Rating |
Moody's: Aa1 |
Bank
Qualified |
No |
Good Faith |
$1,000,000 Good Faith check or wire to Issuer prior to bid, as provided in NOS. |
|
Sale Date |
9/12/19 |
Dated Date |
10/03/19 |
Settlement
Date1 |
10/03/19
|
Sale Time |
11:00 AM - 11:20 AM Eastern Time |
|
Interest Due |
4/1, 10/1 |
Principal Due |
10/01/20 - 10/01/34 |
First Interest
Date |
4/01/20 |
Call Dates |
10/01/26 @ Par |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 107.000% |
Bid Details |
Max. Spread: 2%
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 |
Archer & Greiner P.C Red Bank, NJ Attn: John M. Cantalupo, Esq., Email: jcantalupo@archerlaw.com Phone: 732-268-8009
|
Web
Site |
www.MuniAuction.com |
Contact |
Phoenix Advisors' LLC, Bordentown, NJ Attn: Sherry Tracey Email: stracey@muniadvisors.com Phone: 609-291-0130 |
|
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