Issuer |
Village of Northbrook |
State |
Illinois |
Amount1 |
$13,170,000 |
Type
Issue/Series |
General Obligation Bonds, Series 2019 |
Rating |
Moody's: Aaa (Stable Outlook)S&P: AAA (Stable Outlook) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $263,400 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
Sale Date |
10/22/19 |
Dated Date |
11/06/19 |
Settlement
Date2 |
11/06/19
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/20 - 12/01/38 |
First Interest
Date |
6/01/20 |
Call Dates |
12/01/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2028
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 |
Katten Muchin Rosenman LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Anthony Miceli Phone: (312) 529-5881 Email: amiceli@speerfinancial.com |
|
|