Issuer |
Village of Hanover Park |
State |
Illinois |
Amount1 |
$13,340,000 |
Type
Issue/Series |
General Obligation Refunding Bonds, Series 2020 |
Rating |
S&P: AA/Stable Outlook |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $266,800 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
Sale Date |
2/06/20 |
Dated Date |
2/24/20 |
Settlement
Date2 |
2/24/20
|
Sale Time |
11:45 AM - 12:06 PM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/20 - 12/01/30 |
First Interest
Date |
6/01/20 |
Call Dates |
12/01/28 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2029
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 Attn: Anthony F. Miceli Phone: (312) 529-5881 Email: amiceli@speerfinancial.com |
|
|