Transaction Details
Village of Bedford Park
Baird served as sole underwriter on the Village’s issuance of $4,010,000 Hotel/Motel Tax Revenue Refunding Bonds, Series 2023. The Bonds currently refunded the Village’s Hotel/Motel Tax Revenue Bonds, Series 2013A. The Village generated $890,735 in gross debt service savings, approximately $85,000 in annual debt service savings and $313,738 in present value savings (7.14% of refunded par).
- Issuer
- Village of Bedford Park
- State
- Illinois
- Type
- Municipalities & Counties
- Par
- $4,010,000
- Role
- Lead Bookrunner
- Date
- September 2023
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