Issuer |
Village of Addison |
State |
Illinois |
Amount1 |
$4,000,000 |
Type
Issue/Series |
Taxable General Obligation Bonds, Series 2020 |
Rating |
S&P: AA (stable)Fitch:AA+ (stable) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $80,000 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
Sale Date |
2/03/20 |
Dated Date |
2/18/20 |
Settlement
Date2 |
2/18/20
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
12/15, 6/15 |
Principal Due |
12/15/20 - 12/15/39 |
First Interest
Date |
12/15/20 |
Call Dates |
12/15/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.250% |
Bid Details |
Max. Coupon: 6.000%
Max. Spread: 4.000%
Non-descending Coupons Required - Starting 2020
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
|
|