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Published on 10/8/2013 in the Prospect News Municipals Daily.

New Issue: Dayton City School, Ohio, prices $93.45 million of notes to yield 0.30%

By Sheri Kasprzak

New York, Oct. 8 - The Dayton City School District of Ohio priced $93.45 million of series 2013B school facilities construction and improvement unlimited tax refunding notes, according to a pricing sheet.

The notes (MIG 1//F1+) were sold through PNC Capital Markets LLC and KeyBanc Capital Markets LLC.

The notes are due Oct. 15, 2014 and have a 1.25% coupon priced at 100.947 to yield 0.30%.

Proceeds will be used to refund the district's series 2013 school facilities construction and improvement notes.

Issuer:Dayton City School District, Ohio
Issue:Series 2013B school facilities construction and improvement unlimited tax refunding notes
Amount:$93.45 million
Maturity:Oct. 15, 2014
Coupon:1.25%
Price:100.947
Yield:0.30%
Type:Negotiated
Underwriters:PNC Capital Markets LLC and KeyBanc Capital Markets LLC (lead)
Ratings:Moody's: MIG 1
Fitch: F1+
Pricing date:Oct. 4
Settlement date:Oct. 15

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