Issuer |
Lincoln Land Community College District Number 526 |
State |
Illinois |
Amount1 |
$7,500,000 |
Type
Issue/Series |
General Obligation Bonds (Alternate Revenue Source), Series 2019 |
Rating |
Moody's: Aa2 |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $150,000 check or wire transfer to the Issuer within 2 hours of sale. See NOS for details. |
|
Sale Date |
2/27/19 |
Dated Date |
3/13/19 |
Settlement
Date2 |
3/13/19
|
Sale Time |
11:00 AM - 11:16 AM Eastern Time |
|
Interest Due |
6/15, 12/15 |
Principal Due |
12/15/19 - 12/15/44 |
First Interest
Date |
6/15/19 |
Call Dates |
12/15/26 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.333% |
Bid Details |
Max. Spread: 3.000%
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 |
Hart, Southworth & Witsman, Springfield, Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Michael Fleury Phone: 312-529-5894 Email: mfleury@speerfinancial.com |
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