TERMS* [ Print Page ]    
Old.Bridge.Twp.GIB.SUB.19.AON
  Issuer Township of Old Bridge
  State New Jersey
  Amount $8,500,000
  Type Issue/Series   General Obligation Bonds, Series 2019
  Consisting of:
  $8,050,000 General Improvement Bonds, and
  $450,000 Arena Utility Bonds
  Rating   Moody's: Aa1
  Bank Qualified Yes
  Good Faith $170,000 Payable to the Issuer prior to bid. See NOS for details

  Sale Date 3/27/19
  Dated Date 4/08/19
  Settlement Date1   4/08/19
  Sale Time 11:00 AM - 11:15 AM Eastern Time

  Interest Due 10/1, 4/1
  Principal Due 4/01/20 - 4/01/31
  First Interest Date   10/01/19
  Call Dates 4/01/26 @ Par
  Term Bonds No
  Min/Max Bid Price   100.000% / 102.000%
  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 Gibbons P.C.
Newark, NJ
Attn: Scott A. Galano, Esq.
Phone: (973) 596-4777
E-mail: sgalano@gibbonslaw.com
Attention: John D. Draikiwicz, Esq.
Phone: 973-596-4609
Email: jdraikiwicz@gibbonslaw.com
  Web Site www.MuniAuction.com
  Contact Phoenix Advisors, LLC,
Bordentown, NJ
Attn: Bryan Morris
Phone: (609) 291-0130
E-Mail: bmorris@muniadvisors.com
Terms as of 4/19/2024 @ 7:18 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.

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