Issuer |
Sycamore Park District |
State |
Illinois |
Amount1 |
$5,100,000 |
Type
Issue/Series |
General Obligation Park Bonds (Alternate Revenue Source), Series 2019A |
Rating |
S&P: A+ (Stable Outlook) |
Bank
Qualified |
Yes |
Good Faith |
Successful bidder - $102,000 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
Sale Date |
9/17/19 |
Dated Date |
10/02/19 |
Settlement
Date2 |
10/02/19
|
Sale Time |
10:30 AM - 10:49 AM Eastern Time |
|
Interest Due |
6/15, 12/15 |
Principal Due |
12/15/20 - 12/15/31 |
First Interest
Date |
6/15/20 |
Call Dates |
12/15/27 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
99.000% |
Bid Details |
Max. Spread: 4%
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 |
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. Chicago, IL Attn: Mark R. Jeretina Phone: (312) 529-5887 or (312) 346-3700 Email: mjeretina@speerfinancial.com |
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