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File No. 19245From the Milwaukee County Comptroller, requesting approval of a resolution establishing parameters for the sale of not to exceed $74,230,000 General Obligation Bonds or Promissory Notes
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How to fill out official statements - bond

01
Obtain the official statement template from the bond issuer or regulatory authority.
02
Fill in the required identification information, including name and address of the issuer.
03
Provide details about the bond, such as type, amount, and interest rate.
04
Include financial statements that reflect the issuer's financial position.
05
Describe the use of proceeds from the bond issuance.
06
Highlight any risks associated with the bond investment.
07
Review the document for completeness and accuracy.
08
Submit the completed official statement to the appropriate regulatory body.

Who needs official statements - bond?

01
Investors looking to purchase bonds for income or portfolio diversification.
02
Financial analysts conducting research on bond offerings.
03
Underwriters assessing the viability of a bond issue.
04
Regulatory authorities ensuring compliance and transparency.
05
Issuers seeking to provide necessary information to potential buyers.

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Official statements in the context of bonds are documents that provide detailed information about a bond issuance, including the purpose of the bond, the financial condition of the issuer, and the terms of the offering. They are designed to provide transparency to potential investors.
Issuers of municipal securities, which typically include state and local governments, are required to file official statements when they issue bonds to ensure that investors receive all necessary information.
To fill out official statements for a bond issuance, issuers must gather accurate financial data, describe the purpose of the bond, outline the terms and conditions, and provide disclosures relating to risks and financial obligations. It's often done with the assistance of financial advisors and legal experts.
The purpose of official statements is to provide potential investors with all relevant information regarding the bond offering, enabling them to make informed investment decisions and fostering transparency in the bond market.
Information that must be reported includes details about the issuer, the purpose of the bonds, financial statements, existing debt obligations, tax status, and any risks that might affect the repayment of the bonds.
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