By Sheri Kasprzak
New York, Feb. 3 - The Alaska Housing Finance Corp. brought $105 million of series 2011A state capital project bonds, upsized from $97.315 million, said a pricing sheet.
The bonds (Aa2) were sold through Goldman, Sachs & Co. with Edward Jones & Co. Inc., KeyBanc Capital Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC as the co-managers.
The bonds are due 2011 to 2027 with coupons from 2% to 5%.
Proceeds will be used to finance the construction and equipment of office space for the corporation, as well as to refund existing debt.
| Issuer: | Alaska Housing Finance Corp.
|
| Issue: | Series 2011A state capital project bonds
|
| Amount: | $105 million
|
| Type: | Negotiated
|
| Underwriters: | Goldman, Sachs & Co. (lead); Edward Jones & Co. Inc., KeyBanc Capital Markets Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC (co-managers)
|
| Rating: | Moody's: Aa2
|
| Pricing date: | Feb. 3
|
| Settlement date: | Feb. 16
|
|
|
| Maturity | Type | Coupon | Price
|
| 2011 | Serial | 2% | NRO
|
| 2012 | Serial | 3% | 103.541
|
| 2012 | Serial | 5% | 107.083
|
| 2013 | Serial | 4% | 106.723
|
| 2013 | Serial | 5% | 109.445
|
| 2014 | Serial | 5% | 110.667
|
| 2015 | Serial | 5% | 111.363
|
| 2016 | Serial | 5% | 111.682
|
| 2017 | Serial | 5% | 110.711
|
| 2018 | Serial | 5% | 110.003
|
| 2019 | Serial | 5% | 108.813
|
| 2020 | Serial | 5% | 107.442
|
| 2021 | Serial | 5% | 106.114
|
| 2022 | Serial | 4.25% | 98.625
|
| 2022 | Serial | 5% | 104.725
|
| 2023 | Serial | 5% | 104.32
|
| 2024 | Serial | 5% | 102.483
|
| 2025 | Serial | 5% | 101.697
|
| 2026 | Serial | 5% | 100.608
|
| 2027 | Serial | 5% | 99.767
|
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