| Issuer |
School District Number 45 (Villa Park) |
| State |
Illinois |
|
Amount1 |
$7,860,000 |
| Type
Issue/Series |
General Obligation Limited Tax Refunding School Bonds, Series 2017 |
|
Rating |
Moody's: Aa2 |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful underwriter to check/wire 2% by 3:30pm CT on sale date. See NOS for details. |
|
|
Sale Date |
9/27/17 |
|
Dated Date |
10/18/17 |
| Settlement
Date2 |
10/18/17
|
|
Sale Time |
10:45 AM - 11:00 AM Eastern Time |
|
|
Interest Due |
1/1, 7/1 |
| Principal Due |
1/01/19 - 1/01/28 |
| First Interest
Date |
1/01/18 |
| Call Dates |
1/01/26 @ Par |
| Term Bonds |
Allowed |
|
Min/Max Bid Price
|
99.000% / 115.000% |
| 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: Anna Golub
Email: agolub@pmanetwork.com
Phone: (630) 657-6448 |
|
|