Issuer |
Village of Mount Prospect |
State |
Illinois |
Amount1 |
$9,285,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2019A |
Rating |
S&P: AA+ (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
Successful underwriter only; check/wire 2% by 3:30pm CT on day of award. See NOS for details. |
|
Sale Date |
5/07/19 |
Dated Date |
6/03/19 |
Settlement
Date2 |
6/03/19
|
Sale Time |
10:45 AM - 11:00 AM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/20 - 12/01/39 |
First Interest
Date |
6/01/20 |
Call Dates |
12/01/26 @ Par |
Term Bonds |
Allowed |
Min/Max Bid Price
|
98.700% / 109.500% |
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 |
|
Bid Format |
All-Or-None |
Auction Format |
Open |
Award Basis
|
TIC to Dated Date |
Two-Minute Rule
|
Yes |
Bond Counsel |
Ice Miller LLP Chicago, IL |
Web
Site |
www.MuniAuction.com |
Contact |
PMA Securities, LLC Naperville, IL Attn: Jasen Pinkerton Phone: (630) 657-6442 Email: jpinkerton@pmanetwork.com |
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