Town of East Bridgewater Select Board Meeting Agenda 2026-05-11
East Bridgewater Sells $5M BANs to Truist Securities
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Description
The East Bridgewater Select Board approved the sale of $5,000,000 in 3.50% General Obligation Bond Anticipation Notes to Truist Securities, Inc. The short-term notes, dated May 15, 2026 and payable August 20, 2026, will help finance the new Central Elementary School project and include a $7,750 premium.
Contract Details
Contract Amount
$5,000,000 3.50 percent General Obligation Bond Anticipation Notes plus a premium of $7,750.00
Vendor
TRUIST SECURITIES INC
Agency
Town of East Bridgewater, MA
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Dated May 15, 2026 and payable August 20, 2026
Renewal Date
2026-08-20
Renewal Info
Short-term bond anticipation notes maturing August 20, 2026; any refinancing or renewal would require future board action.
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