| Issuer |
Rochester Community Unit School District Number 3A |
| State |
Illinois |
|
Amount1 |
$6,490,000 |
| Type
Issue/Series |
General Obligation School Refunding Bonds, Series 2020 |
|
Rating |
Moody's: A1 |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $129,800 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
|
Sale Date |
1/21/20 |
|
Dated Date |
2/20/20 |
| Settlement
Date2 |
2/20/20
|
|
Sale Time |
11:15 AM - 11:33 AM Eastern Time |
|
|
Interest Due |
8/1, 2/1 |
| Principal Due |
2/01/23 - 2/01/31 |
| First Interest
Date |
8/01/20 |
| Call Dates |
2/01/28 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Coupon: 4.000%
Max. Spread: 4.000%
Non-descending Coupons Required - Starting 2028
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 |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Miller, Canfield, Paddock and Stone, P.L.C.,
Chicago, IL |
| Web
Site |
www.SpeerAuction.com |
| Contact |
Speer Financial, Inc.
Chicago, IL
Attn: Dan Forbes
Phone: (312) 780-2281
Email: dforbes@speerfinancial.com |
|
|