Issuer |
Borough of Sayreville |
State |
New Jersey |
Amount |
$13,990,000 |
Type
Issue/Series |
General Obligation Bonds of 2018 consisting of: $8,365,000* General Improvement Bonds and $5,625,000* Water Improvement Bonds |
Rating |
Moody's: Aa2 |
Bank
Qualified |
No |
Good Faith |
$279,800 check/wire due prior to bid. See NOS for details. |
|
Sale Date |
11/08/18 |
Dated Date |
11/29/18 |
Settlement
Date1 |
11/29/18
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
5/15, 11/15 |
Principal Due |
11/15/19 - 11/15/38 |
First Interest
Date |
5/15/19 |
Call Dates |
11/15/26 @ Par |
Term Bonds |
Allowed |
Min/Max Bid Price
|
100.000% / 100.007% |
Bid Details |
Max. Spread: 2.000%
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 |
McCarter & English Newark, NJ |
Web
Site |
www.MuniAuction.com |
Contact |
NW Financial Group, LLC Attn: Heather Litzebauer Phone: 201-656-0115 Email: hlitzebauer@nwfinancial.com |
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