Published on 12/16/2011 in the Prospect News Municipals Daily.
New Issue: Oakland, Calif., prices $83.78 million G.O. refunding bonds
By Sheri Kasprzak
New York, Dec. 16 - The City of Oakland, Calif., sold $83,775,000 of series 2012 general obligation refunding bonds, according to a term sheet.
The bonds (Aa2) are due 2013 to 2033 with 2% to 5% coupons.
Proceeds will be used to refund existing G.O. bonds.
Issuer: | City of Oakland, Calif.
|
Issue: | Series 2012 general obligation refunding bonds
|
Amount: | $83,775,000
|
Rating: | Moody's: Aa2
|
Pricing date: | Dec. 15
|
Settlement date: | Jan. 10
|
|
Amount | Maturity | Type | Coupon | Price
|
$885,000 | 2013 | Serial | 2% | 101.402
|
$2,565,000 | 2014 | Serial | 5% | 108.373
|
$2.69 million | 2015 | Serial | 5% | 111.214
|
$2,835,000 | 2016 | Serial | 5% | 114.171
|
$2.98 million | 2017 | Serial | 5% | 116.949
|
$3,125,000 | 2018 | Serial | 5% | 118.161
|
$3.29 million | 2019 | Serial | 5% | 119.18
|
$3,445,000 | 2020 | Serial | 5% | 11119.495
|
$3.63 million | 2021 | Serial | 5% | 119.351
|
$3.81 million | 2022 | Serial | 5% | 117.331
|
$4 million | 2023 | Serial | 5% | 115.181
|
$4.2 million | 2024 | Serial | 5% | 112.828
|
$4.41 million | 2025 | Serial | 5% | 110.775
|
$4,635,000 | 2026 | Serial | 5% | 109.726
|
$4,865,000 | 2027 | Serial | 5% | 108.767
|
$5.12 million | 2028 | Serial | 5% | 107.897
|
$5.37 million | 2029 | Serial | 5% | 107.114
|
$11,575,000 | 2031 | Serial | 5% | 105.643
|
$3.95 million | 2032 | Serial | 4.25% | 98.017
|
$2,275,000 | 2032 | Serial | 5% | 105.337
|
$4.12 million | 2033 | Serial | 4.25% | 97.287
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.