| Issuer |
New Mexico Finance Authority |
|
Amount1 |
$125,135,000 |
| Type
Issue/Series |
Senior Lien Public Project Revolving Fund
Revenue and Refunding Bonds
Series 2018A |
|
Rating |
S&P: AAAMoody's: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful underwriter to wire $1,251,350 (1% of par) by 2pm MT on sale date. See NOS for details. |
|
|
Sale Date |
2/21/18 |
|
Dated Date |
3/07/18 |
| Settlement
Date2 |
3/07/18
|
|
Sale Time |
9:45 AM - 10:22 AM Eastern Time |
|
|
Interest Due |
6/1, 12/1 |
| Principal Due |
6/01/18 - 6/01/38 |
| First Interest
Date |
6/01/18 |
| Call Dates |
6/01/28 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
100.000% |
| Bid Details |
Max. Coupon: 5.000%
Max. Spread: 2.500%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
| Insurance |
No |
| Other Details |
No maturity may bear a price of less than 98.5%
For Bonds maturing in 2018-2028 (non-callable) - the max coupon is 5.0%.
For Bonds maturing in 2029-2038 (callable) - the max coupon is 4.0%.
|
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Gilmore & Bell, P.C.
Salt Lake City, UT |
| Web
Site |
www.MuniAuction.com |
| Contact |
PFM Financial Advisors LLC
Portland, OR
Attn: Chip Pierce
Email: piercec@pfm.com
Phone: 503-719-6113 |
|
|