Issuer |
Township of Upper |
State |
New Jersey |
Amount |
$8,000,000 |
Type
Issue/Series |
General Improvement Bonds |
Rating |
S&P: AA (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
$160,000 wire, check or surety due to the Issuer prior to bid. See NOS for details. |
|
Sale Date |
12/03/19 |
Dated Date |
12/18/19 |
Settlement
Date1 |
12/18/19
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
5/15, 11/15 |
Principal Due |
11/15/20 - 11/15/29 |
First Interest
Date |
5/15/20 |
Call Dates |
11/15/26 @ Par |
Term Bonds |
No |
Min/Max Bid Price
|
100.000% / 105.000% |
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 |
McManimon, Scotland & Baumann, LLC Roseland, NJ Attn: Edward J. McManimon, III, Esq. Email: emcManimon@msbnj.com Phone: 973-622-5028 Attn: Elizabeth Manuel, Paralegal Email: emanuel@msbnj.com Phone: 973-622-5280 |
Web
Site |
www.MuniAuction.com |
Contact |
Phoenix Advisors, LLC Bordentown, NJ Attn: Sherry Tracey Phone: 609-291-0130 Email: stracey@muniadvisors.com |
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