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NEW ISSUEBOOKENTRY ONLYIn the opinion of King & Spalding LLP, Bond Counsel, under existing statutes, rulings and court decisions, and under applicable regulations, and assuming the accuracy of certain
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Who needs preliminary official statement dated?

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Municipalities issuing bonds
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A preliminary official statement is a document that provides important information about a municipal bond offering before it is finalized, often including details about the bond issuer, the purpose of the bond, and financial information.
Issuers of municipal securities are required to file a preliminary official statement to provide essential information to potential investors and fulfill legal requirements.
To fill out a preliminary official statement, the issuer must include details such as the purpose of the bonds, the financial information of the issuer, the terms of the sale, risk factors, and any other pertinent information that investors need to make informed decisions.
The purpose of a preliminary official statement is to inform potential investors about the details of the bond offering, aiding them in making informed investment decisions and ensuring transparency.
The preliminary official statement must report information including the description of the bonds, the use of proceeds, financial statements, credit ratings, tax status, and risks associated with the investment.
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