By Sheri Kasprzak
New York, Dec. 9 - The State of Florida priced $53.785 million of series 2011A capital outlay refunding bonds, according to a pricing sheet.
The bonds (Aa1/AAA/AAA) were sold competitively. The issuer did not return calls requesting the winning bidder by press time Friday evening.
The bonds are due 2013 to 2023 with 3% to 5% coupons.
Proceeds will refund the state's series 2002B and 2003A capital outlay bonds.
Issuer: | State of Florida
|
Issue: | Series 2011A capital outlay refunding bonds
|
Amount: | $53.785 million
|
Type: | Competitive
|
Ratings: | Moody's: Aa1
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
Pricing date: | Dec. 9
|
Settlement date: | Jan. 5
|
|
Amount | Maturity | Type | Coupon | Price
|
$10.58 million | 2013 | Serial | 4% | 103.752
|
$12.82 million | 2014 | Serial | 5% | 109.103
|
$7.395 million | 2015 | Serial | 5% | 112.76
|
$2.035 million | 2016 | Serial | 5% | 115.603
|
$2.22 million | 2017 | Serial | 5% | 118.561
|
$2.45 million | 2018 | Serial | 5% | 120.931
|
$2.685 million | 2019 | Serial | 5% | 122.397
|
$2.97 million | 2020 | Serial | 5% | 123.377
|
$3.26 million | 2021 | Serial | 5% | 123.919
|
$3.555 million | 2022 | Serial | 3% | 105.821
|
$3.815 million | 2023 | Serial | 3% | 103.92
|
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