Issuer |
Village of Orland Park |
State |
Illinois |
Amount1 |
$2,985,000 |
Type
Issue/Series |
General Obligation Refunding Bonds, Series 2017 |
Rating |
S&P: 'AA+/Stable'; Moody's: 'Aa1' |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $59,700 (2% of par) wire transfer or Certified/Cashiers Check. Please see NOS for details. |
|
Sale Date |
9/05/17 |
Dated Date |
9/20/17 |
Settlement
Date2 |
9/20/17
|
Sale Time |
11:00 AM - 11:15 AM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/18 - 12/01/21 |
First Interest
Date |
6/01/18 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed - Starting 2018 - Max 5 |
Min. Bid Price
|
99.200% |
Bid Details |
Max. Spread: 2.000%
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 |
Chapman and Cutler LLP, Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. One North LaSalle Street, Suite 4100 Chicago, IL 60602 ATTN: Mark Jeretina Telephone: 312-529-5887 E-mail: mjeretina@speerfinancial.com |
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