| Issuer |
Lehigh County |
| State |
Pennsylvania |
|
Amount1 |
$19,050,000 |
| Type
Issue/Series |
General Obligation Bonds
Series of 2016 |
|
Rating |
Moodys: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder to wire $201,000 to Issuer by 3pm on sale date. See NOS for details. |
|
|
Sale Date |
9/28/16 |
|
Dated Date |
10/26/16 |
| Settlement
Date2 |
10/26/16
|
|
Sale Time |
11:00 AM - 11:24 AM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
11/15/18 - 11/15/25 |
| First Interest
Date |
5/15/17 |
| Call Dates |
Non-Callable |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.000% |
| Bid Details |
Max. Coupon: 4.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
The maturity schedule has been amended and the max coupon is now 4% |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Stevens & Lee, P.C.
Allentown, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
Concord Public Financial Advisors, INC.
Reading, PA
Attn: Daryl Peck
E-mail: dpeck@concordpublicfinance.com
Phone: 717-295-2300 |
|
|