TERMS* [ Print Page ]    
Northwest.IA.CC.IA.GOB.19
  Issuer Northwest Iowa Community College (Merged Area IV)
  Amount1 $6,600,000
  Type Issue/Series   General Obligation School Bonds, Series 2019
  Rating   Moody's: Aa2
  Bank Qualified Yes
  Good Faith Successful bidder - $132,000 (2% of par) check/wire to Issuer within 2 hours of bid opening. See NOS for details.

  Sale Date 6/17/19
  Dated Date 7/15/19
  Settlement Date2   7/15/19
  Sale Time 11:00 AM - 11:30 AM Eastern Time

  Interest Due 12/1, 6/1
  Principal Due 6/01/20 - 6/01/31
  First Interest Date   12/01/19
  Call Dates 6/01/26 @ Par
  Term Bonds Allowed
  Min. Bid Price   99.200%
  Bid Details Max. Spread: 6.000%
Non-descending Coupons Required - Starting 2020
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  Closed
  Award Basis TIC to Dated Date
  Two-Minute Rule   No
  Bond Counsel Ahlers & Cooney, P.C.
Des Moines, Iowa
  Web Site www.SpeerAuction.com
  Contact Speer Financial, Inc.
Waterloo, IA
Phone: 319-291-2077
Fax: 319-291-8628
Attn: Charlotte Nielsen
Email: cnielsen@speerfinancial.com
Terms as of 6/19/2019 @ 11:02 am
1Preliminary, subject to change
2Check offering documents or with Issuer and/or FA to ascertain if settlement is Firm or Tentative.
* Disclaimer: This Term Sheet is provided by Grant Street Group for informational purposes and the convenience of bidders. Grant Street Group is not responsible for any inaccuracy in the information displayed. Bidders should carefully review the Notice of Sale and Preliminary Official Statement and decide whether to purchase Bonds solely on the basis of the information provided therein.

[ Print Page ]