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COM 0025.000 2020-2022
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COM 0025.000 2020-2022
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Last modified
1/8/2021 1:20:32 PM
Creation date
12/14/2020 8:14:31 AM
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Communications
Communications - Type
COM
Communications - Council Term
2020-2022
Communication
0025
Point
000
Author
Deanna S. Sako, Director of Finance
Communications - Referred To
FC
Comments
FC: Close file - 1/5/21.
Document Relationships
AGE FC 2021/01/05 (2020-2022)
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\Council Records\Agendas\2020-2022\Finance Committee (FC)
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Aaron Chung, Council Chair and <br />Members of the Hawaii County Council <br />Page 2 <br />November 5, 2020 <br />4. The Bonds received a rating of "AA" with a stable outlook from S&P Global Ratings Inc., <br />"Aa2" with a stable outlook from Moody's Investors Service, and "AA+" with a negative <br />outlook from Fitch Ratings. <br />5. The bonds were underwritten by BofA Securities, Inc. Brian Hirai from the law firm of <br />McCorriston Miller Mukai & MacKinnon LLP served as bond counsel. Fieldman Rolapp, <br />Associates served as municipal pricing advisor. U.S. Bank National Association was selected <br />to serve as paying agent for the Bonds. A full book -entry system was established for the <br />Bonds. <br />6. The Bonds were purchased and delivered on November 4, 2020. <br />Please do not hesitate to call me should you have any questions. <br />Sincerely, <br />Deanna S. Sako <br />Director of Finance <br />
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