| Issuer |
Township of Readington |
| State |
New Jersey |
|
Amount |
$6,278,000 |
| Type
Issue/Series |
General Improvement Bonds,
Series 2018 |
|
Rating |
S&P: AA |
| Bank
Qualified |
No |
|
Good Faith |
$125,560 wire or check or Surety to Township prior to bidding. See NOS for details. |
|
|
Sale Date |
4/12/18 |
|
Dated Date |
4/27/18 |
| Settlement
Date1 |
4/27/18
|
|
Sale Time |
11:30 AM - 11:49 AM Eastern Time |
|
|
Interest Due |
9/1, 3/1 |
| Principal Due |
3/01/19 - 3/01/38 |
| First Interest
Date |
9/01/18 |
| Call Dates |
3/01/24 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
100.000% / 103.000% |
| Bid Details |
Max. Spread: 3.000%
Multiple: Either 1/8th or 1/20th of 1%
|
| Insurance |
No |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
McManimon, Scotland & Baumann, LLC
Roseland, NJ
Attn: Matthew D. Jessup, Esq.
Email: mjessup@msbnj.com
Phone: 973-622-4850
Attn: Sandra S. Jessup, Paralegal
Email: sjessup@msbnj.com
Phone: 973-622-5258 |
| Web
Site |
www.MuniAuction.com |
| Contact |
Phoenix Advisors, LLC
Bordentown, NJ
Phone: 609-291-0130
Attn: Sherry Tracey
Email: stracey@muniadvisors.com |
|
|