Issuer |
City of Lockport |
State |
Illinois |
Amount1 |
$1,915,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2019 |
Rating |
S&P: AA+/stable |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $38,300 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
Sale Date |
6/19/19 |
Dated Date |
7/09/19 |
Settlement
Date2 |
7/09/19
|
Sale Time |
11:00 AM - 11:17 AM Eastern Time |
|
Interest Due |
6/30, 12/30 |
Principal Due |
12/30/20 - 12/30/22 |
First Interest
Date |
6/30/20 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.478% |
Bid Details |
Max. Spread: 3.000%
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 |
Ice Miller LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Brenda Housten Phone: 312-529-5886 Email: bhousten@speerfinancial.com |
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