| Issuer |
City and County of Denver |
| State |
Colorado |
|
Amount1 |
$115,000,000 |
| Type
Issue/Series |
For and on Behalf of the
Wastewater Management division of its
Department of Public Works,
Wastewater Enterprise Revenue Bonds
Series 2016 |
|
Rating |
- Moody's: Aa1
- S&P: AAA
- Fitch: AAA
|
| Bank
Qualified |
No |
|
Good Faith |
Winning bidder to wire $575,000 as Good Faith by 2pm ET on sale Date. See NOS for details. |
|
|
Sale Date |
10/25/16 |
|
Dated Date |
11/10/16 |
| Settlement
Date2 |
11/10/16
|
|
Sale Time |
11:00 AM - 11:36 AM Eastern Time |
|
|
Interest Due |
5/1, 11/1 |
| Principal Due |
11/01/17 - 11/01/46 |
| First Interest
Date |
5/01/17 |
| Call Dates |
11/01/26 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Coupon: 5.000%
Min. Coupon: 4.000%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
| Insurance |
No |
| Other Details |
No single maturity shall have a dollar price less than 100%
The net effective interest rate on the Bonds shall not exceed 4.00%.
The min interest rate allowed is 4.0% and the max interest rate allowed is 5.0% |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Settlement Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Kutak Rock LLP,
Denver, CO
Kline Alvarado Veio, PC,
Denver, CO |
| Web
Site |
www.MuniAuction.com |
| Contact |
FirstSouthwest, A Division of
Hilltop Securities Inc.
Denver, CO
Attn: Jason Simmons
Phone: 301-771-0217
Email: Jason.Simmons@hilltopsecurities.com |
|
|