Bonds

Bond Offering

ILPIBB 2020D (Tax-Exempt) & 2020E Refunding Bonds (Taxable)

Offering Summary

Bond Details

Par Amount
$185,645,000
Retail Order Period Begins
No early retail period
Sale Date
September 22, 2020
Closing Date
Week of October 11, 2020
Method of Sale
Negotiated
Bond Type
Fixed Rate
Principal Payment Dates
January 1st
Interest Payment Dates
Jannuary 1st & July 1st
Optional Redemption
2020D: On or after January 1, 2031 / 2020E Refunding: Make-Whole Optional Redemption
Expected Structure
2020D: Serial maturities 2025 to 2040 / 2020E Refunding: Serial maturities 2022 to 2035 & Term maturities: 2040
Denominations
$5,000, or any integral multiples thereof
Tax Status
2020D: Tax-Exempt / 2020E Refunding: Taxable

Offering Participants

Underwriter

Citigroup
Citigroup

Samantha Costanzo

(312) 876-3564

samantha.costanzo@citi.com

Co-Manager

Municipal Advisor

Bond Counsel

Dentons
Dentons

Hans Steck

(317) 968-5414

hans.steck@dentons.com

MWH Law Group

Greg Taylor

(317) 939-3540

greg.taylor@mwhlawgroup.com

Underwriter's Counsel

Schiff Hardin LLP
Schiff Hardin LLP

Bruce Weisenthal

(312) 258-5560

bweisenthal@schiffhardin.com