Issuer |
Monona Grove School District |
State |
Wisconsin |
Amount1 |
$57,000,000 |
Type
Issue/Series |
General Obligation School Building and Improvement Bonds Series 2019 |
Rating |
S&P: AA- (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
Successful underwriter to check/wire 2% by 3:30pm CT on sale date. See NOS for details. |
|
Sale Date |
4/10/19 |
Dated Date |
5/06/19 |
Settlement
Date2 |
5/06/19
|
Sale Time |
10:45 AM - 11:02 AM Eastern Time |
|
Interest Due |
5/1, 11/1 |
Principal Due |
5/01/20 - 5/01/39 |
First Interest
Date |
5/01/20 |
Call Dates |
5/01/29 @ Par |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 105.000% |
Bid Details |
Max. Coupon: 5.000%
Multiple: Either 1/8th or 1/20th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
Other Details |
No bonds mature in the years 2021-2026
Attorneys' fees, Rating Agency fees, Financial Advisor fees, the cost of distributing the NOS, the POS and the Final OS and miscellaneous expenses of said District incurred in connection with the offering and delivery of the Bonds shall all be the obligation of the Underwriter. The total of these fees is $227,857. |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Quarles & Brady LLP Milwaukee, WI |
Web
Site |
www.MuniAuction.com |
Contact |
PMA Securities, LLC 770 North Jefferson Street, Suite 200 Milwaukee, WI Attn: Phil Hohlweck Phone: 414-436-1943 Email: phohlweck@pmanetwork.com |
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