Issuer |
Lake County |
State |
Illinois |
Amount1 |
$11,340,000 |
Type
Issue/Series |
Water and Sewer System Revenue Refunding Bonds Series A of 2016 |
Rating |
Moody's: Aa1 Fitch: AAA (stable outlook) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $226,800 (2% of par) wire/check to Issuer. See NOS for details. |
|
Sale Date |
9/28/16 |
Dated Date |
10/13/16 |
Settlement
Date2 |
10/13/16
|
Sale Time |
10:15 AM - 10:35 AM Eastern Time |
|
Interest Due |
12/1, 6/1 |
Principal Due |
12/01/16 - 12/01/21 |
First Interest
Date |
12/01/16 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Coupon: 5.000%
Max. Spread: 2.000%
Multiple: Either 1/8th or 1/20th or 1/100th of 1%
|
Insurance |
No |
Other Details |
The maximum Coupon rate permitted will be 5.00% for all maturities. |
|
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: Barbara Chevalier Phone: 312-780-2282 E-mail: bchevalier@speerfinancial.com |
|
|