| Issuer |
Village of Hinsdale |
| State |
Illinois |
|
Amount1 |
$2,535,000 |
| Type
Issue/Series |
General Obligation Limited Tax Bonds, Series 2019 |
|
Rating |
S&P: AAA (Stable Outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $50,700 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
|
Sale Date |
12/10/19 |
|
Dated Date |
12/19/19 |
| Settlement
Date2 |
12/19/19
|
|
Sale Time |
11:15 AM - 11:35 AM Eastern Time |
|
|
Interest Due |
6/15, 12/15 |
| Principal Due |
12/15/20 - 12/15/39 |
| First Interest
Date |
6/15/20 |
| Call Dates |
12/15/28 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.000% |
| Bid Details |
Max. Spread: 4.000%
Non-descending Coupons Required - Starting 2020
Multiple: Either 1/8th or 1/20th or 1/100th 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.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
Attn: Mark Jeretina
Phone: (312) 529-5887
Email: mjeretina@speerfinancial.com |
|
|