By Sheri Kasprzak
New York, Jan. 23 - The City of Stamford, Conn., priced $50 million of series 2013 general obligation bonds, according to a pricing sheet.
The bonds (Aa1/AAA/) were sold competitively, but the issuer did not immediately return calls for the winning bidder.
The bonds are due 2014 to 2033 with 1.5% to 4% coupons.
Proceeds will be used to finance capital improvements to be undertaken by the city.
Issuer: | Stamford, Conn.
|
Issue: | Series 2013 general obligation bonds
|
Amount: | $50 million
|
Type: | Competitive
|
Ratings: | Moody's: Aa1
|
| Standard & Poor's: AAA
|
Pricing date: | Jan. 23
|
Settlement date: | Feb. 4
|
|
Amount | Maturity | Type | Coupon | Price
|
$2.9 million | 2014 | Serial | 2% | 101.732
|
$2.9 million | 2015 | Serial | 2% | 103.17
|
$2.9 million | 2016 | Serial | 2% | 104.296
|
$2.9 million | 2017 | Serial | 1.5% | 103.143
|
$2.9 million | 2018 | Serial | 4% | 115.468
|
$2.45 million | 2019 | Serial | 4% | 117.341
|
$2.45 million | 2020 | Serial | 4% | 118.576
|
$2.45 million | 2021 | Serial | 4% | 119.509
|
$2.45 million | 2022 | Serial | 2% | 102.459
|
$2.45 million | 2023 | Serial | 2% | 100.738
|
$2.4 million | 2024 | Serial | 2.25% | 101.098
|
$2.4 million | 2025 | Serial | 2.5% | 101.819
|
$2.4 million | 2026 | Serial | 2.5% | 100.868
|
$2.4 million | 2027 | Serial | 3% | 104.487
|
$2.4 million | 2028 | Serial | 3% | 103.748
|
$2.25 million | 2029 | Serial | 3% | 103.161
|
$2.25 million | 2030 | Serial | 3% | 102.578
|
$2.25 million | 2031 | Serial | 3% | 102.143
|
$2.25 million | 2032 | Serial | 3% | 101.782
|
$2.25 million | 2033 | Serial | 3% | 101.494
|
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