Issuer |
City of Mansfield |
State |
Texas |
Amount1 |
$13,750,000 |
Type
Issue/Series |
Combination Tax and Revenue Certificates of Obligation, Series 2019 |
Rating |
Moody's: Aa2S&P: AAAFitch: AA+ |
Bank
Qualified |
No |
Good Faith |
$275,000 check due prior to bidding. See NOS for details. |
|
Sale Date |
12/10/18 |
Dated Date |
1/09/19 |
Settlement
Date2 |
1/09/19
|
Sale Time |
10:00 AM - 11:00 AM Eastern Time |
|
Interest Due |
8/15, 2/15 |
Principal Due |
2/15/20 - 2/15/39 |
First Interest
Date |
8/15/19 |
Call Dates |
2/15/28 @ Par |
Term Bonds |
Allowed |
Min/Max Bid Price
|
101.300% / 101.500% |
Bid Details |
Max. Coupon: 5.000%
Max. Spread: 2.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
No |
Other Details |
Even though the Bonds are officially 'Dated' on 12/1/18, Interest will accrue and TIC will be calculated to the 'Delivery Date' of 1/09/19
No Bonds maturing on/after 2/15/28 (call date) can be reoffered at a price less than 98.00.
|
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Settlement Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Bracewell LLP Dallas, TX |
Web
Site |
www.MuniAuction.com |
Contact |
Hilltop Securities Inc. Fort Worth , TX Attn: Nicholas Bulaich (817-332-9710) Email: nick.bulaich@hilltopsecurities.com |
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