| Issuer |
City of Los Angeles |
| State |
California |
|
Amount1 |
$1,540,000,000 |
| Type
Issue/Series |
2018 Tax and Revenue Anticipation Notes
The coupon has been set at 4.00% |
|
Rating |
S&P: SP-1+Moody's: MIG1 |
|
Good Faith |
Due by 7am PT on Sale Date:
1% of notes bid for, minimum of $200,000, andComplete and email Exhibit A
See NOS for details. |
|
|
Sale Date |
6/26/18 |
|
Dated Date |
7/10/18 |
| Settlement
Date2 |
7/10/18
|
|
Sale Time |
11:30 AM - 12:03 PM Eastern Time |
|
|
Interest Due |
6/27/19 |
|
Maturity Date |
6/27/19 |
|
Days to Maturity |
347 |
| Day Basis |
30/360 |
| Call Dates |
Non-callable |
|
Min. Bid Price
|
$1,000,000 |
|
Min. Bid Increment
|
$100,000 |
|
Premium Bids
|
Allowed |
|
Discount Bids
|
Not Allowed |
|
| Bid Format |
Partial |
| Auction Format |
Open |
| Award Basis
|
TIC Semi-Annual Compounding |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Squire Patton Boggs
Los Angeles, CA |
| Web
Site |
www.MuniAuction.com |
| Contact |
Montague DeRose and Associates, LLC
Westlake Village, CA
Attn: Douglas Montague
Phone: 805-496-2211
Email: montague@montaguederose.com |
| Issuer |
City of Los Angeles
Attn: Natalie R. Brill
Chief of Debt Management
Phone: 213-473-7526
Email: natalie.brill@lacity.org |
|
|