Town of Littleton Select Board Meeting Agenda March 9, 2026
Bond Anticipation Note Awarded to Truist Securities
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Description
The Littleton Select Board approved a $7,209,898 bond anticipation note (BAN) to be issued to Truist Securities, Inc., maturing March 16, 2027 at 2.288% net interest. The borrowing funds design and construction cash flow needs for the Shaker Lane Elementary School project.
Contract Details
Contract Amount
$7,209,898 at 2.288% NIC (premium: $87,383.96)
Vendor
TRUIST SECURITIES INC
Agency
Town of Littleton, MA
Contract Type
FINANCIAL_SERVICES
Document Date
March 9, 2026
Contract Term
March 16, 2026 – March 16, 2027
Renewal Date
2027-03-16
Renewal Info
No renewal; single-year note, callable/renewable for future BANs or bonds if needed.
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