| Issuer |
Lancaster County School District 0001 (Lincoln Public Schools) |
| State |
Nebraska |
|
Amount1 |
$46,125,000 |
| Type
Issue/Series |
Limited Tax General Obligation Refunding Bonds, Series 2017 |
|
Rating |
S&P: AAMoody's: Aa1 |
| Bank
Qualified |
No |
|
Good Faith |
Successful bidder - $461,250 wire to Issuer by 2pm day after sale. Please see NOS for details. |
|
|
Sale Date |
12/12/17 |
|
Dated Date |
12/27/17 |
| Settlement
Date2 |
12/27/17
|
|
Sale Time |
11:15 AM - 11:30 AM Eastern Time |
|
|
Interest Due |
7/15, 1/15 |
| Principal Due |
1/15/21 - 1/15/30 |
| First Interest
Date |
7/15/18 |
| Call Dates |
1/15/28 @ Par |
| Term Bonds |
Allowed - Starting 2021 - Max 1 |
|
Min. Bid Price
|
98.000% |
| Bid Details |
Max. TIC: 3.250%
Max. Coupon: 5.000%
Multiple: Either 1/8th or 1/20th of 1%
Zero Coupons Not Allowed
|
| Insurance |
Bidder's Option / Bidder Pays / Not Factored into TIC |
| Other Details |
Maximum underwriting discount is 0.70%
The District must expect to achieve net present value savings resulting from the refinancing of not less than 0.5% of the Refunded Bonds in order to award any bid.
All expenses in relation to the printing of CUSIP numbers on the Bonds shall be paid for by the District; provided, however, that it shall be the responsibility of the successful bidder to timely obtain and pay for the assignment of such CUSIP numbers. |
|
| Bid Format |
All-Or-None |
| Auction Format |
Open |
| Award Basis
|
TIC to Dated Date |
| Two-Minute Rule
|
Yes |
| Bond Counsel |
Gilmore & Bell, P.C.,
Omaha, Nebraska |
| Web
Site |
www.AICauction.com |
| Contact |
Ameritas Investment Corp.
5900 O Street, First Floor
Lincoln, NE 68510
Telephone: 402-467-6948
ATTN: Scott Keene
E-mail: skeene@ameritas.com |
|
|