By Sheri Kasprzak
New York, March 2 - The City and County of Denver, Colo., sold $172.255 million in series 2010A airport system revenue bonds on Tuesday, according to a pricing sheet.
The bonds (A1/A+/A+) were sold through lead manager Barclays Capital Inc.
The bonds are due 2016 to 2032 with 4% to 5% coupons.
Proceeds will be used to finance airport capital improvements.
| Issuer: | City and County of Denver
|
| Issue: | Series 2010A airport system revenue bonds
|
| Amount: | $172.255 million
|
| Type: | Negotiated
|
| Underwriter: | Barclays Capital Inc. (lead)
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: A+
|
| Fitch: A+
|
| Pricing date: | March 2
|
| Settlement date: | March 9
|
|
|
| Maturity | Type | Coupon | Price
|
| 2016 | Serial | 5% | 112.348
|
| 2017 | Serial | 5% | 111.809
|
| 2018 | Serial | 4% | 103.484
|
| 2018 | Serial | 5% | 110.906
|
| 2019 | Serial | 4% | 102.336
|
| 2019 | Serial | 5% | 110.408
|
| 2020 | Serial | 4% | 101.562
|
| 2020 | Serial | 5% | 110.266
|
| 2021 | Serial | 5% | 109.530
|
| 2022 | Serial | 4% | 100
|
| 2022 | Serial | 4% | 101.562
|
| 2022 | Serial | 5% | 108.619
|
| 2023 | Serial | 5% | 107.269
|
| 2024 | Serial | 5% | 106.469
|
| 2025 | Serial | 4.25% | 98.978
|
| 2025 | Serial | 5% | 105.588
|
| 2026 | Serial | 4.375% | 99.234
|
| 2026 | Serial | 5% | 104.716
|
| 2027 | Serial | 4.5% | 99.511
|
| 2027 | Serial | 5% | 103.853
|
| 2028 | Serial | 4.5% | 98.380
|
| 2028 | Serial | 5% | 103.084
|
| 2029 | Serial | 4.625% | 98.784
|
| 2029 | Serial | 5% | 102.321
|
| 2030 | Serial | 4.75% | 99.212
|
| 2030 | Serial | 5% | 101.565
|
| 2031 | Serial | 4.75% | 98.529
|
| 2032 | Serial | 4.75% | 97.551
|
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