Issuer |
City of Lancaster |
State |
Pennsylvania |
Amount1 |
$118,300,000 |
Type
Issue/Series |
General Obligation Bonds, Series of 2018 |
Rating |
Moody's: A3 |
Bank
Qualified |
No |
Good Faith |
Successful bidder required to wire $1,183,000 to the Issuer. See NOS for Details. |
|
Sale Date |
7/24/18 |
Dated Date |
8/23/18 |
Settlement
Date2 |
8/23/18
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
11/1, 5/1 |
Principal Due |
11/01/20 - 11/01/48 |
First Interest
Date |
11/01/18 |
Call Dates |
11/01/28 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.500% |
Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
Bidder's Option / Issuer Pays / Factored into TIC |
Other Details |
Equal or Ascending YTMs are required for Bonds maturing on/after 11/1/28. See NOS for details.
|
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Barley Snyder LLP, Lancaster, PA |
Web
Site |
www.MuniAuction.com |
Contact |
Concord Public Financial Advisors, Inc., 2938 Columbia Avenue, Suite 1002 Lancaster PA 17603 Attn: Mr. Daryl Peck Phone: (717) 295-2300 E-mail: DPeck@ConcordPublicFinance.com |
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