INVITATION TO TENDER BONDS FOR PURCHASE
LANSING BOARD OF WATER AND LIGHT
CITY OF LANSING, MICHIGAN
to the Beneficial Owners of
Lansing Board of Water and Light
City of Lansing, Michigan
Utility System Revenue Refunding Bonds
Series 2019B (Federally Taxable)
Key Dates and Times
All of these dates and times are subject to change. All times are New York City time. Notices of changes will be sent in the manner provided for in this Invitation.
| Expiration Date: | 5:00 p.m. on January 12, 2024 |
|---|---|
| Notice of Results: | January 16, 2024 |
| Determination of Purchase Price: | 10:00 a.m. on January 17, 2024 |
| Notice of Target Bonds Purchase Price: | January 17, 2024 |
| Notice of Acceptance: | January 18, 2024 |
| Settlement Date: | January 31, 2024 |
1)
The Lansing Board of Water and Light (“BWL”), and its agents DO NOT recommend to you whether or not to offer your bonds for purchase. You are responsible for your own decisions regarding this and should consult your own financial advisors about it.
2)
The only authorized information about the Invitation is the printed information prepared by BWL and their agents.
3)
Information is posted on this website for the purpose of your convenience only. You may contact the Information Agent to receive personal copies of the Invitation. If there is a difference between the paper copies and the electronic versions of the documents, the paper copies from the Information Agent are correct.
INFORMATION FOR BONDHOLDERS
• Invitation to Tender Bonds dated December 27, 2023
• Notice of Amendment to Benchmark Security Treasuries for certain Target Bonds dated January 5, 2024
• Notice of Results dated January 16, 2024
• Notice of Purchase Prices dated January 17, 2024
• Notice of Acceptance dated January 18, 2024
-------------------------------------------------------------
Globic Advisors
485 Madison Avenue, 7th floor
New York NY, 10022
Telephone: (212)-227-9699