Issuer |
Rock Island School District Number 41 |
State |
Illinois |
Amount1 |
$30,415,000 |
Type
Issue/Series |
General Obligation Refunding School Bonds, Series 2018 |
Rating |
Moody's: Aa3 |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $608,300 check or wire transfer to the Issuer within 2 hours of winning. Please see NOS for details. |
|
Sale Date |
1/23/18 |
Dated Date |
2/06/18 |
Settlement
Date2 |
2/06/18
|
Sale Time |
10:30 AM - 10:49 AM Eastern Time |
|
Interest Due |
12/1, 6/1 |
Principal Due |
12/01/18 - 12/01/28 |
First Interest
Date |
12/01/18 |
Call Dates |
12/01/25 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
98.997% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2018
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 |
Schiff Hardin LLP, Chicago, IL |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Raphaliata McKenzie Phone: (312) 780-2285 Email: rmckenzie@speerfinancial.com |
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