District Sets $15 Million Bond Sale; Purchaser To Be Selected
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Description
The District authorized sale of up to $15 million in General Obligation School Bonds, with the winning bidder to be selected via competitive sale, negotiated underwriting, or private placement arrangement. Bond purchaser will be finalized upon sale following Raymond James's recommendation.
Contract Details
Contract Amount
Not to exceed $15,000,000
Vendor
PURCHASER
Agency
Arlington Heights SD 25, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 14, 2025
Contract Term
From bond issuance (not later than July 14, 2025) through maturity (no later than December 15, 2044)
Renewal Date
2044-12-15
Renewal Info
Bonds may mature as late as December 15, 2044, with optional redemption as early as December 15, 2033; final purchaser and terms decided post-sale.
More from PURCHASER
More from Arlington Heights SD 25
arlington_heights_school_district_25_regular_meeti.pdf
arlington_heights_school_district_25_regular_meeti.pdf
arlington_heights_school_district_25_regular_meeti.pdf
arlington_heights_school_district_25_regular_meeti.pdf
arlington_heights_school_district_25_regular_meeti.pdf
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