Issuer |
Township of Denville |
State |
New Jersey |
Amount1 |
$5,620,000 |
Type
Issue/Series |
General Improvement Bonds |
Rating |
Moody's: Aa1 |
Bank
Qualified |
Yes |
Good Faith |
$112,400 (2% of par) wire or check due prior to bidding. See NOS for details. |
|
Sale Date |
9/20/17 |
Dated Date |
10/10/17 |
Settlement
Date2 |
10/10/17
|
Sale Time |
11:30 AM - 11:49 AM Eastern Time |
|
Interest Due |
4/1, 10/1 |
Principal Due |
4/01/18 - 4/01/25 |
First Interest
Date |
4/01/18 |
Call Dates |
Non-Callable |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 108.007% |
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 |
McManimon, Scotland & Baumann, LLC Roseland, NJ Phone: 973-622-5280 Attn: Edward J. McManimon, III, Esq. Email: emcmanamon@msbnj.com Attn: Elizabeth Manuel Email: emanuel@msbnj.com |
Web
Site |
www.MuniAuction.com |
|
|