Issuer |
School District Number 37 (Avoca) |
State |
Illinois |
Amount1 |
$6,635,000 |
Type
Issue/Series |
General Obligation Limited Tax School Bonds, Series 2018A |
Rating |
S&P: AAA (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful underwriter to check/wire 2% by 3:30pm CDST on sale date. See NOS for details. |
|
Sale Date |
4/11/18 |
Dated Date |
5/02/18 |
Settlement
Date2 |
5/02/18
|
Sale Time |
10:45 AM - 11:00 AM Eastern Time |
|
Interest Due |
12/1, 6/1 |
Principal Due |
12/01/24 - 12/01/35 |
First Interest
Date |
12/01/18 |
Call Dates |
12/01/26 @ Par |
Term Bonds |
Allowed |
Min/Max Bid Price
|
101.200% / 108.000% |
Bid Details |
Max. Coupon: 5.000%
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 |
Chapman and Cutler LLP, Chicago, IL |
Web
Site |
www.MuniAuction.com |
Contact |
PMA Securities, Inc. Naperville, IL Attn: Jen Currier Email: jcurrier@pmanetwork.com Phone: (630) 657-6443 |
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