Issuer |
Township of South Brunswick |
State |
New Jersey |
Amount |
$22,400,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2017 Consisting of: $9,837,000 General Improvement Bonds, $12,147,000 Water-Sewer Utility Bonds, and $416,000 Open Space Bonds |
Rating |
S&P: AA |
Bank
Qualified |
No |
Good Faith |
$448,000 wire, check or surety payable to Township prior to bidding. See NOS for details. |
|
Sale Date |
9/20/17 |
Dated Date |
10/03/17 |
Settlement
Date1 |
10/03/17
|
Sale Time |
11:00 AM - 11:23 AM Eastern Time |
|
Interest Due |
4/1, 10/1 |
Principal Due |
10/01/18 - 10/01/37 |
First Interest
Date |
4/01/18 |
Call Dates |
10/01/27 @ Par |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 103.500% |
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 |
DeCotiis, FitzPatrick, Cole & Giblin, LLP Teaneck, NJ |
Web
Site |
www.MuniAuction.com |
Contact |
Phoenix Advisors, LLC Bordentown, NJ Phone: 609-291-0130 Attn: Sherry L. Tracey Email: stracey@muniadvisors.com |
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