| Issuer |
Township of Lower Southampton |
| State |
Pennsylvania |
|
Amount1 |
$5,090,000 |
| Type
Issue/Series |
General Obligation Bonds,
Series of 2018 |
|
Rating |
S&P: AA+ (stable outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder to wire $50,900 to the Issuer as bid security. See NOS for Details. |
|
|
Sale Date |
9/12/18 |
|
Dated Date |
10/10/18 |
| Settlement
Date2 |
10/10/18
|
|
Sale Time |
11:00 AM - 11:17 AM Eastern Time |
|
|
Interest Due |
5/15, 11/15 |
| Principal Due |
5/15/20 - 5/15/26 |
| First Interest
Date |
5/15/19 |
| Call Dates |
11/15/23 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
98.800% |
| Bid Details |
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
| Other Details |
Equal or Ascending YTMs are required
No reoffering price may be less than 99.30% nor more than 103.925%.
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
McNees Wallace & Nurick LLC
Lancaster, PA |
| Web
Site |
www.MuniAuction.com |
| Contact |
Financial S&Lutions LLC
Reading, PA
Attn: Ryan P. Hottenstein
Phone: (610) 478-2038
Email: rph@fsandl.com |
|
|