INDIANA
LaPorte Municipal Airport Authority
Aug 8, 2013 . . . . . . $1,370,000
General Obligation Bonds, Series 2013 (bank qualified).
Dated Aug 21, 2013.
Due Jul 1, 2017 to Jan 1, 2033.
Callable Jan 1, 2022 at par.
Winning bid: Bankers' Bank, at n/a, NIC 3.777%.
Due | Amount | Cpn | Yield | Conc | Ins |
---|---|---|---|---|---|
7/1/19 | $170,000 | 2.00% | 2.00% | ||
1/1/22 | $175,000 | 2.50% | 2.50% | ||
7/1/24 | $195,000 | 3.00% | 3.00% | ||
1/1/27 | $215,000 | 3.50% | 3.50% | ||
7/1/29 | $235,000 | 4.00% | 4.00% | ||
7/1/31 | $210,000 | 4.25% | 4.25% | ||
1/1/33 | $170,000 | 4.50% | 4.50% |
Other managers: Horizon Bank.
L.O.: Shanahan & Shanahan LLP, Chicago, IL.
F.A.: Umbaugh LLP, Indianapolis, IN.
Other bidders were:
City Securities, NIC 4.398%
Ross Sinclaire, NIC 4.844%