TERMS* [ Print Page ]    
Lower.Twp.NJ.GOs.18.AON
  Issuer Township of Lower
  State New Jersey
  Amount $8,490,000
  Type Issue/Series   General Obligation Bonds,
  Series 2018
  Rating   S&P: AA- (stable)
  Bank Qualified Yes
  Good Faith $169,800 wire or check payable to Township prior to bidding. See NOS for details.

  Sale Date 7/19/18
  Dated Date 8/03/18
  Settlement Date1   8/03/18
  Sale Time 11:00 AM - 11:17 AM Eastern Time

  Interest Due 1/15, 7/15
  Principal Due 7/15/19 - 7/15/30
  First Interest Date   1/15/19
  Call Dates 7/15/25 @ Par
  Term Bonds Allowed
  Min/Max Bid Price   100.000% / 103.000%
  Bid Details Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
  Insurance Bidder's Option / Bidder Pays / Not Factored into TIC

  Bid Format All-Or-None
  Auction Format  Open
  Award Basis TIC to Dated Date
  Two-Minute Rule   Yes
  Bond Counsel Archer & Greiner P.C.,
10 Highway 35
Red Bank, NJ 07701
Attn: John Cantalupo, Esq.
Email: jcantalupo@archerlaw.com
Phone: 732-268-8009
  Web Site www.MuniAuction.com
Terms as of 4/20/2024 @ 1:04 am
1Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

[ Print Page ]