| Issuer |
City of Lisbon |
| State |
Iowa |
|
Amount1 |
$5,250,000 |
| Type
Issue/Series |
General Obligation Corporate Purpose Bonds, Series 2020
|
|
Rating |
Moody's: A3 (Assigned) |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $105,000 wire to Issuer by 3pm ET day after sale. See NOS for details. |
|
|
Sale Date |
7/13/20 |
|
Dated Date |
8/11/20 |
| Settlement
Date2 |
8/11/20
|
|
Sale Time |
11:00 AM - 11:30 AM Eastern Time |
|
|
Interest Due |
12/1, 6/1 |
| Principal Due |
6/01/21 - 6/01/35 |
| First Interest
Date |
12/01/20 |
| Call Dates |
6/01/27 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 6.000%
Non-descending Coupons Required - Starting 2021
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
| Bid Format |
All-Or-None |
| Auction Format |
Closed |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
No |
| Bond Counsel |
Dorsey & Whitney LLP
Des Moines, IA |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Waterloo, IA
Phone: 319-291-2077
Fax: 319-291-8628
Attn: Charlotte Nielsen
Email: cnielsen@speerfinancial.com |
|
|