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Get the free TO PRELIMINARY OFFICIAL STATEMENT DATED JULY 28, 2011

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ADDENDUM DATED AUGUST 3, 2011, TO PRELIMINARY OFFICIAL STATEMENT DATED JULY 28, 2011, New Issue CITY OF BIG LAKE, MINNESOTA $3,425,000 GENERAL OBLIGATION IMPROVEMENT REFUNDING BONDS, SERIES 2011B
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Who needs a preliminary official statement?

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Municipalities or government agencies: Municipalities or government agencies may require a preliminary official statement when issuing bonds or other forms of municipal securities. This allows them to provide potential investors with relevant information regarding the project or investment opportunity.
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Investment banks or underwriters: Investment banks or underwriters involved in the issuance of municipal securities may also need a preliminary official statement. This document helps them provide potential investors with comprehensive information about the investment and assess its suitability.
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Investors: Investors who are considering purchasing municipal bonds or other municipal securities may find a preliminary official statement useful. It provides them with essential information about the project, its financial health, legal obligations, and potential risks.
Overall, the preliminary official statement serves as a crucial document in the process of issuing municipal bonds or securities. It ensures transparency and provides relevant information to various stakeholders, including municipalities, investors, and underwriters.
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The preliminary official statement is a legal document that provides essential information about a municipal bond offering to potential investors.
The lead underwriter or financial advisor is typically responsible for preparing and filing the preliminary official statement.
The preliminary official statement is filled out by including details about the bond issuer, the bond offering, financial information, and other relevant details.
The purpose of the preliminary official statement is to provide investors with important information about the bond offering so that they can make informed investment decisions.
Information such as the issuer's financial condition, the terms of the bond offering, any risks associated with the investment, and other relevant details must be reported on the preliminary official statement.
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