Get the free Preliminary Official Statement

This document provides information concerning the issuance of general obligation refunding bonds by Shelby County, Tennessee, including details on the bonds, security, tax status, and economic conditions

How to fill out preliminary official statement

How to fill out Preliminary Official Statement

1. Title the document as 'Preliminary Official Statement'.
2. Include the date of issuance at the top of the document.
3. Provide an introductory section that outlines the purpose of the document.
4. Insert the relevant municipal information including issuer name and details.
5. Include a description of the securities being offered, including bond type and amount.
6. Add financial information about the issuer, including budgetary data and revenue sources.
7. Outline the key terms and conditions of the bond issuance.
8. Include risks associated with the investment.
9. Ensure compliance with applicable state and federal regulations.
10. Provide contact information for further inquiries.

Who needs Preliminary Official Statement?

1. Municipal issuers planning to offer bonds to investors.
2. Underwriters involved in the bond issuance process.
3. Investors seeking detailed information about the bond offering.
4. Regulatory bodies that require disclosures regarding public finance.

People Also Ask about

What is a preliminary official statement?

What is a preliminary official statement (POS)? Answer. The POS is an informational disclosure document released prior to the sale that describes the proposed new issue of bonds prior to final determination of the maturity amounts, interest rates and offering prices/yields.

What does an official statement mean?

The document prepared by, or for, the Issuer and distributed to investors to provide disclosure with respect to one or more issues of bonds.

What is the official statement of a bond?

The document prepared by, or for, the Issuer and distributed to investors to provide disclosure with respect to one or more issues of bonds.

What is a preliminary statement?

The disclosure document prepared by a bond issuer that gives detailed financial information about the issuer and the bond offering. Municipal securities issuers must prepare an “Official Statement” before presenting the primary offering.

What does "official statement" mean?

The term "Official Statement" refers to a document or communication that is issued by a public or governmental entity, providing essential information to the public or relevant parties regarding a specific matter, such as a financial offering, decision, or policy.

What is the preliminary official statement?

What is a preliminary official statement (POS)? Answer. The POS is an informational disclosure document released prior to the sale that describes the proposed new issue of bonds prior to final determination of the maturity amounts, interest rates and offering prices/yields.

What constitutes an official statement?

An official statement describes the essential terms of the bonds. It typically provides the most detailed description of the terms and features of the bonds through maturity, unless and until these terms have been modified.

For pdfFiller’s FAQs

What is Preliminary Official Statement?

A Preliminary Official Statement (POS) is a document issued by a municipal issuer in connection with the sale of bonds, which provides detailed information about the bonds being offered and the issuer's financial status. It is used to inform potential investors about the investment risks and the intended usage of the bond proceeds.

Who is required to file Preliminary Official Statement?

Municipal issuers who are selling securities, such as bonds, are required to file a Preliminary Official Statement. This includes cities, counties, school districts, and other governmental entities that issue debt.

How to fill out Preliminary Official Statement?

To fill out a Preliminary Official Statement, issuers must gather relevant financial information, details about the bond issuance, descriptions of the project or purpose funded by the bonds, and disclosures regarding risks. It typically involves collaborating with financial advisors and legal counsel to ensure compliance with all regulations and provide accurate, comprehensive information.

What is the purpose of Preliminary Official Statement?

The purpose of a Preliminary Official Statement is to provide potential investors with essential information about the bond offering, including key terms of the bonds, financial information about the issuer, and any risks associated with the investment. It helps investors make informed decisions before purchasing securities.

What information must be reported on Preliminary Official Statement?

A Preliminary Official Statement must report information such as the issuer's financial condition, the purpose of the bond issue, the terms of the securities being offered, existing debt obligations, intended use of the funds, any relevant economic factors, legal opinions, and any ongoing litigation that might affect the issuer's ability to repay.