Transaction Details
Village of Glen Ellyn
Baird served as municipal advisor on the Village’s issuance of $6,270,000 General Obligation Bonds, Series 2024 to finance improvements to the wastewater treatment facilities of the Glenbard Wastewater Authority, including, but not limited to, improvements to the primary clarifier and gravity thickener. The Glenbard Wastewater Authority was founded in 1977 by an intergovernmental agreement between the Village of Glen Ellyn and the Village of Lombard and serves those communities’ wastewater needs.
The Bonds were sold via competitive sale and received 5 bids from underwriters. Overall, the Village achieved a true interest cost of 4.01% on a 20-year term.
- Issuer
- Village of Glen Ellyn
- State
- Illinois
- Type
- Municipalities & Counties
- Par
- $6,270,000
- Role
- Municipal Advisor
- Date
- June 2024
Share
