To learn more about the Allentown Neighborhood Improvement Zone Development Authority’s upcoming financing or to inquire about buying the Authority’s Bonds, follow these simple steps:
Step 1 – Have a brokerage account
You must have an account with one of the brokerage firms participating in the bond sale. Bonds cannot be purchased directly from the Authority or the City of Allentown. If you do not have an account at one of the participating firms, you may open one and purchase Bonds during the order period. (If you have a brokerage account, go to Step 2.)
Investors are encouraged to begin the New Account process well in advance of the sale. Depending on the brokerage firm, internal new account procedures may take some time to process. Each firm has its own requirements for opening an account. The Authority does not endorse any particular brokerage firm. Additionally, the Authority does not guarantee that any one of these firms will open an account for an investor.
Step 2 - Learn about the bonds or notes
Bonds can only be offered through an Official Statement. Request a copy of, and read, the Preliminary Official Statement to learn about the Bonds, including their security, maturity dates, the project being financed and other information you may find important to help you make an informed investment decision. This is not an offer to sell any Bonds. Find out the credit ratings the Bonds have received. Investors should always consult with their financial advisor prior to purchasing any securities.
Step 3 - Place your order
Contact the broker with whom you have an account to get more information about how to buy the Bonds during the order period.
Participating Brokerage Firms
Allentown Neighborhood Improvement Zone Development Authority
193,105,000* Tax Revenue Bonds, Series 2012A
$40,475,000* Tax Revenue Bonds, Series 2012B
The following firms are participating in the sale of the Authority’s Bonds. If you already have an account with one or more of these firms, feel free to contact your financial advisor to inquire further about the Bonds. If you do not have an account, feel free to contact one of the firms below to open a new account and learn more about the Bonds. You may contact the City of Allentown at 610-437-7610 for information regarding the expected timing of the Authority’s bond sale.
- Citigroup - 800-433-4200
- Janney Montgomery Scott - 610-366-0361
- Ramirez & Co., Inc. - 855-289-2663
This notice does not constitute an offer to sell, or the solicitation of an offer to buy, any security and any such offer will be made solely by means of an Official Statement