Published on 11/21/2012 in the Prospect News Municipals Daily.
New Issue: Fox Valley Technical College, Wis., sells $50.45 million of 2012C G.O.s
By Sheri Kasprzak
New York, Nov. 21 - The Fox Valley Technical College District of Wisconsin sold $50.45 million of series 2012C general obligation school facilities bonds, according to a pricing sheet.
The bonds (Aaa) were sold competitively.
The bonds are due 2013 to 2024 with a term bond due in 2027. The serial coupons range from 2% to 3%. The 2027 bonds have a 3% coupon priced at 105.748.
Proceeds will be used to finance a portion of the purchase or construction of buildings and for additions, enlargements and improvements to buildings for the district's use
| Issuer: | Fox Valley Technical College District
|
| Issue: | Series 2012C general obligation school facilities bonds
|
| Amount: | $50.45 million
|
| Type: | Competitive
|
| Ratings: | Moody's Aaa
|
| Pricing date: | Nov. 20
|
| Settlement date: | Dec. 11
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $5.88 million | 2013 | Serial | 2% | 101.698
|
| $4.52 million | 2014 | Serial | 2% | 103.24
|
| $4,515,000 | 2015 | Serial | 3% | 107.366
|
| $3.15 million | 2016 | Serial | 3% | 109.2
|
| $3.25 million | 2017 | Serial | 3% | 110.6
|
| $3.34 million | 2018 | Serial | 3% | 111.812
|
| $3.73 million | 2019 | Serial | 3% | 112.646
|
| $3.84 million | 2020 | Serial | 3% | 112.753
|
| $3.95 million | 2021 | Serial | 3% | 112.369
|
| $4,075,000 | 2022 | Serial | 3% | 111.877
|
| $4.2 million | 2023 | Serial | 3% | 109.283
|
| $1 million | 2024 | Serial | 3% | 108.152
|
| $5 million | 2027 | Term | 3% | 105.748
|
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