Issuer |
City of Aurora |
State |
Illinois |
Amount1 |
$16,500,000 |
Type
Issue/Series |
General Obligation Bonds Series 2017 |
Rating |
S&P: AA (stable) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $330,000 (2% of par) wire/check. See NOS for details. |
|
Sale Date |
5/23/17 |
Dated Date |
6/06/17 |
Settlement
Date2 |
6/06/17
|
Sale Time |
10:30 AM - 10:55 AM Eastern Time |
|
Interest Due |
12/30, 6/30 |
Principal Due |
12/30/18 - 12/30/36 |
First Interest
Date |
12/30/17 |
Call Dates |
12/30/25 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 4.000%
Non-descending Coupons Required - Starting 2018
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 |
Chapman and Cutler LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Phone: 312-780-2285 Attn: Raphaliata McKenzie Email: rmckenzie@speerfinancial.com |
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