| Issuer |
City of Highland Park |
| State |
Illinois |
|
Amount1 |
$3,465,000 |
| Type
Issue/Series |
General Obligation Bonds, Series 2017 |
|
Rating |
Moody's: Aaa/Negative Outlook |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $69,300 (2% of par) wire/check to Issuer. See NOS for details. |
|
|
Sale Date |
1/23/17 |
|
Dated Date |
2/07/17 |
| Settlement
Date2 |
2/07/17
|
|
Sale Time |
10:45 AM - 11:01 AM Eastern Time |
|
|
Interest Due |
12/30, 6/30 |
| Principal Due |
12/30/18 - 12/30/32 |
| First Interest
Date |
12/30/17 |
| Call Dates |
12/30/24 @ Par |
| Term Bonds |
Allowed |
|
Min. Bid Price
|
99.200% |
| Bid Details |
Max. Spread: 3.000%
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.
One North LaSalle Street, Suite 4100
Chicago, IL 60602
Attn: Dan Forbes
Phone: (312) 780-2281
Email: dforbes@speerfinancial.com
Attn: Mark Jeretina
Phone: (312) 529-5887
Email: mjeretina@speerfinancial.com |
|
|