Issuer |
City of Wood Dale |
State |
Illinois |
Amount1 |
$9,250,000 |
Type
Issue/Series |
General Obligation Bonds (Alternate Revenue Source), Series 2020A |
Rating |
S&P: AA+ (Stable) |
Bank
Qualified |
No |
Good Faith |
Successful bidder - $185,000 or 2% of Par by check or wire to Issuer within 2 hours of sale. See NOS for details. |
|
Sale Date |
4/23/20 |
Dated Date |
5/06/20 |
Settlement
Date2 |
5/06/20
|
Sale Time |
11:15 AM - 11:38 AM Eastern Time |
|
Interest Due |
12/30, 6/30 |
Principal Due |
12/30/20 - 12/30/39 |
First Interest
Date |
12/30/20 |
Call Dates |
12/30/28 @ Par |
Term Bonds |
Allowed |
Min. Bid Price
|
100.000% |
Bid Details |
Max. Spread: 3.000%
Non-descending Coupons Required - Starting 2029
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 |
Ice Miller LLP Chicago, Illinois |
Web
Site |
www.SpeerAuction.com |
Contact |
Speer Financial, Inc. Chicago, IL Attn: Anthony F. Miceli Phone: (312) 529-5881 Email: amiceli@speerfinancial.com |
|
|