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New Asserting: S&P Global Ratings \”AA+\”ADDENDUM DATED APRIL 25, 2024, TO PRELIMINARY OFFICIAL STATEMENT DATED APRIL 22, 2024CITY OF SCANIA, MINNESOTA (Washington County)$3,975,000* GENERAL OBLIGATION
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The preliminary official statement dated is a document used in the municipal securities market that provides detailed information about the offering of bonds or notes prior to the sale.
Issuers of municipal securities and underwriters involved in the sale of such securities are typically required to file the preliminary official statement.
To fill out a preliminary official statement, one must provide essential information including the purpose of the financing, the terms of the offering, and the financial condition of the issuer.
The purpose of the preliminary official statement is to inform potential investors about the details of the securities being offered, helping them make informed investment decisions.
The preliminary official statement must report details such as the bond issue's purpose, the terms of the sale, credit ratings, financial statements, and any legal issues affecting the issuer.
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