AMENDED NOTICE OF SALE
Sealed or facsimile bids will be received by the City of Camden, South Carolina (the "City") for the sale of its $2,500,000 General Obligation Bond, Series 2025B (the "Bond"), as follows:
Sale Date: December 3, 2025.
Sale Time: 11:00 a.m. (EST).
Delivery Date: Estimated for delivery on or about December 9, 2025.
Form of Bond: One type-written bond in fully registered form.
Principal and Interest
Payments: Annual principal and interest payments, beginning July 1, 2026, through July 1, 2040, the maturity day of the Bond.
Maturity: 15 years.
Redemption Provisions: The Bond shall be subject to redemption at any time without premium.
Legal Opinion: Pope Flynn, LLC.
Tax Status: Tax-Exempt; Bank-Qualified.
The City has obtained a commitment for the Bond from The Bank of South Carolina (the "Bank"), the principal of which bears an interest rate of 3.48% per annum and which matures over a period of 15 years. Bids are being solicited pursuant to this Amended Notice of Sale to ensure that the City will receive the most favorable financing available. Please submit a bid for the Bond described above ONLY in the event you are in a position to offer terms more favorable than the terms of the Bond provided by the Bank. There will be no disclosure prepared in connection with the Bond, and the purchaser thereof will be required to deliver a letter, in a form suitable to the City, indicating that the purchaser (a) is a financial institution or other sophisticated investor, (b) has undertaken an independent investigation of the affairs of the City, and its financial condition sufficient to understand the risks associated with the acquisition of the Bond, and (c) that such purchaser is acquiring the Bond as an investment for its own account and without a view to resale. There are numerous terms and conditions which will apply to the Bond if purchased by the Bank, and alternative proposals must comply with all such terms and conditions unless otherwise waived by the City.
The Bond shall constitute a binding general obligation of the City and the full faith, credit and taxing power of the City shall be irrevocably pledged for the payment of the Bond. Persons seeking information should communicate with Mr. Lawrence Flynn, Bond Counsel, Pope Flynn, LLC, at lflynn@popeflynn.com.
IPL0292211
Nov 21 2025