Town of Auburn, Massachusetts

Town Of Auburn Massachusetts

Invest in Auburn today. Proceeds will be used to finance projects including school a new middle school, public safety improvements and important school rehabilitation.


Issuance characteristics
  • Not callable
  • Federally tax exempt
  • General Obligation
  • Competitive sale

About this bond issuance

  • Purpose

    Various capital improvements

  • Obligor

    Auburn, MA

  • Issuer

    Auburn, MA

  • Security

    The Bonds are valid general obligations of the Town of Auburn, Massachusetts and the principal of and interest on the Bonds are payable from taxes which may be levied upon all property within the territorial limits of the Town without limitation as to rate or amount, except as provided under Chapter 44, Section 20 of the General Laws, with respect to that portion of the principal and interest payments that the Town has voted to exempt from the limit imposed by Chapter 59, Section 21C of the General Laws, and subject to the limit imposed by Chapter 59, Section 21C of the General Laws(Proposition 2.5) with respect to that portion of the principal and interest payments that the Town has not voted to exempt from that limit.

About the issuer

Ratings

Ratings

AA+

S&P

Moody's

Fitch

Financing team

Neighborly Securities
Neighborly is a co-manager on this issuance.