| Issuer |
Winfield Park District |
| State |
Illinois |
|
Amount1 |
$1,500,000 |
| Type
Issue/Series |
General Obligation Limited Tax Park Bonds, Series 2019 |
|
Rating |
S&P: AA- (Stable Outlook) |
| Bank
Qualified |
Yes |
|
Good Faith |
Successful bidder - $30,000 (2% of par) good faith wire/check to Issuer. See NOS for details. |
|
|
Sale Date |
10/15/19 |
|
Dated Date |
10/29/19 |
| Settlement
Date2 |
10/29/19
|
|
Sale Time |
11:45 AM - 12:00 PM 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: 3.000%
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 |
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 |
|
|