Closed Bond Issues
Brunswick School Issue, Series D
| Par Amount: | 24190000 |
|---|---|
| Borrower: | Brunswick School |
| Purpose: |
The Series D bonds will be sold to DNT Asset Trust (“DNT” as a bank direct purchase. DNT is a Delaware statutory trust and a wholly-owned subsidiary of J.P. Morgan Chase Bank, N.A. The Series D proceeds will be used to refund all of the outstanding 2012 Series C Bonds on the first available call date of July 1, 2022, via a forward direct purchase. Anticipated Net Present Value Savings resulting from the refunding is expected to be approximately $4,394,059.43 or 18.164%. |
| Underwriter/ Placement Agent: |
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| Sector: | Independent Schools |
| Closing Date: | July 01, 2022 |
| Final Maturity: | July 01, 2033 |
| Yield: | 1.45% |
