Issuer |
City of Highland Park |
State |
Illinois |
Amount1 |
$7,900,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2018 |
Rating |
Moody's: Aaa/Negative Outlook |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $158,000 check or wire transfer to the Issuer within 2 hours of winning. Please see NOS for details. |
|
Sale Date |
1/22/18 |
Dated Date |
2/08/18 |
Settlement
Date2 |
2/08/18
|
Sale Time |
10:45 AM - 11:07 AM Eastern Time |
|
Interest Due |
12/30, 6/30 |
Principal Due |
12/30/19 - 12/30/32 |
First Interest
Date |
12/30/18 |
Call Dates |
12/30/25 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 5.000%
Non-descending Coupons Required - Starting 2019
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: Daniel Forbes Phone: 312-780-2281 Email: dforbes@speerfinancial.com |
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