TERMS* [ Print Page ]    
Denville.Twp.GIs.17.AON
  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
Terms as of 9/21/2017 @ 8:23 am
1Preliminary, subject to change
2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

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