| Issuer |
County of Cape May |
| State |
New Jersey |
|
Amount |
$40,000,000 |
| Type
Issue/Series |
General Obligation Bonds, Series 2017 |
|
Rating |
Moody's: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
$800,000 check or wire payable to County prior to bidding. See NOS for details. |
|
|
Sale Date |
11/29/17 |
|
Dated Date |
12/13/17 |
| Settlement
Date1 |
12/13/17
|
|
Sale Time |
11:00 AM - 11:20 AM Eastern Time |
|
|
Interest Due |
3/1, 9/1 |
| Principal Due |
9/01/18 - 9/01/32 |
| First Interest
Date |
3/01/18 |
| Call Dates |
9/01/25 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
100.000% / 103.000% |
| Bid Details |
Max. Spread: 3.000%
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 |
Archer & Greiner P.C.
Red Bank, NJ |
| Web
Site |
www.MuniAuction.com |
| Contact |
Phoenix Advisors, LLC
Bordentown, NJ
Phone: 609-291-0130
Attn: Sherry L. Tracey
Email: stracey@muniadvisors.com |
|
|