Issuer |
Village of Palatine |
State |
Illinois |
Amount1 |
$7,450,000 |
Type
Issue/Series |
POSTPONED UNTIL FURTHER NOTICE General Obligation Refunding Bonds Series 2016A |
Rating |
S&P: AA+ / Stable |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $149,000 (2% of par) wire/check to Issuer. See NOS for details. |
|
Sale Date |
12/12/16 |
Dated Date |
12/20/16 |
Settlement
Date2 |
12/20/16
|
Sale Time |
11:15 AM - 11:30 AM Eastern Time |
|
Interest Due |
6/1, 12/1 |
Principal Due |
12/01/18 - 12/01/22 |
First Interest
Date |
6/01/17 |
Call Dates |
Non-Callable |
Term Bonds |
Allowed |
Min. Bid Price
|
99.500% |
Bid Details |
Max. Spread: 4.000%
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 |
Katten Muchin Rosenman LLP Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Daniel Forbes Phone: 312-780-2281 Email: dforbes@speerfinancial.com |
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