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