NOTICE OF BOND PURCHASE AGREEMENT FOR THE INDIANA STATE UNIVERSITY BOARD OF TRUSTEES Indiana State University Housing and Dining System Revenue Bonds, Series 2016 On June 16, 2016, the Indiana State University Board of Trustees (the "Corporation") entered into a Bond Purchase Agreement with Barclays Capital Inc., as senior managing underwriter, on behalf of itself and City Securities Corporation, as co-managing underwriter (collectively, the "Underwriter"), for the Indiana State University Housing and Dining System Revenue Bonds, Series 2016 (the "Series 2016 Bonds"), in the initial aggregate principal amount of $14,135,000. The proceeds of the Series 2016 Bonds will be used to (i) pay a portion of the costs of financing certain new and reconfigured housing and dining facilities on the campus of the Corporation, and (ii) pay costs of issuance for the Series 2016 Bonds. The Series 2016 Bonds will be issued pursuant to an Indenture of Trust, dated as of November 1, 2009, as heretofore supplemented and amended and as further supplemented and amended by a Sixth Supplemental and Amendatory Indenture, dated as of June 1, 2016, between the Corporation and First Financial Bank, N.A., as Trustee (collectively, the "Indenture"). The Series 2016 Bonds shall bear interest at the rates set forth below, which is payable on April 1 and October 1 of each year commencing October 1, 2016. The Series 2016 Bonds shall mature on April 1 of the years and in the amounts as follows: Series 2016 Bonds YearAmountRate 2017$585,0003.000% 2018455,0004.000 2019470,0005.000 2020495,0005.000 2021520,0005.000 2022545,0005.000 2023575,0005.000 2024605,0005.000 2025635,0005.000 2026665,0005.000 2027700,0005.000 2028730,0005.000 2029770,0005.000 2030810,0004.000 2031840,0004.000 2032875,0004.000 2033910,0004.000 2034945,0004.000 2035985,0004.000 20361,020,0003.000 The Series 2016 Bonds shall be subject to redemption prior to maturity as set forth in the Official Statement, which is available from the Treasurer of the Corporation at Rankin Hall 200, 210 North 7th Street, Terre Haute, Indiana 47809; Phone: (812) 237-3563. The Series 2016 Bonds are expected to be available for delivery through the offices of The Depository Trust Company in New York, New York, on or about June 29, 2016. INDIANA STATE UNIVERSITY BOARD OF TRUSTEES By: /s/ Diann E. McKee Diann E. McKee, Treasurer 164236 TS 6/20/16 hspaxlp
↧