Town of East Bridgewater Select Board Minutes 2026-05-11
Town Sells $5M Bond Anticipation Notes to Truist
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Description
The Town of East Bridgewater Select Board approved the sale of $5,000,000 in 3.50% General Obligation Bond Anticipation Notes to Truist Securities, Inc., including a $7,750 premium. The notes are dated May 15, 2026 and mature on August 20, 2026 to finance the new Central Elementary School project.
Contract Details
Contract Amount
$5,000,000 plus 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
Notes dated May 15, 2026 and payable August 20, 2026
Renewal Date
2026-08-20
Renewal Info
Short-term General Obligation Bond Anticipation Notes maturing August 20, 2026; no renewal terms specified in the minutes.
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