Issuer |
City of Los Angeles |
State |
California |
Amount1 |
$1,660,440,000 |
Type
Issue/Series |
2019 Tax and Revenue Anticipation Notes The coupon has been set at 5.00% |
Rating |
S&P: SP-1+Moody's: MIG1 |
Good Faith |
Due day prior to sale by 5pm PT: 1% of notes bid for, minimum of $200,000, andComplete and email Exhibit A in NOS - 'Authorization to Accept Electronic Bids' See NOS for details. |
|
Sale Date |
6/26/19 |
Dated Date |
7/09/19 |
Settlement
Date2 |
7/09/19
|
Sale Time |
11:30 AM - 12:04 PM Eastern Time |
|
Interest Due |
6/25/20 |
Maturity Date |
6/25/20 |
Days to Maturity |
346 |
Day Basis |
30/360 |
Call Dates |
Non-callable |
Min. Bid Price
|
$10,000,000 |
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 |
Kutak Rock LLP Los Angeles, CA |
Web
Site |
www.MuniAuction.com |
Contact |
Montague DeRose and Associates, LLC Westlake Village, CA Attn: Mr. Chia Yang Phone: (925) 357-9152 Email: yang@montaguederose.com |
Issuer |
City of Los Angeles Attn: Natalie R. Brill Chief of Debt Management Phone: 213-473-7526 Email: natalie.brill@lacity.org |
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