New Issue: Henry County School District, Ga., prices $100 million of G.O. bonds

By Sheri Kasprzak

New York, Feb. 8 - The Henry County School District of Georgia sold $100 million of series 2012 general obligation bonds, according to a term sheet.

The bonds (Aa2/AA+/) were sold through Robert W. Baird & Co.

The bonds are due 2013 to 2017 with 1% to 5% coupons.

Proceeds will be used to refund a portion of the district's series 2007A G.O. bonds and finance the costs to acquire, construct and equip new schools, acquire school buses and provide technology improvements.

Issuer:	Henry County School District, Ga.
Issue:	Series 2012 general obligation bonds
Amount:	$100 million
Type:	Negotiated
Underwriter:	Robert W. Baird & Co. (lead)
Ratings:	Moody's: Aa2
	Standard & Poor's: AA+
Pricing date:	Feb. 8
Settlement date:	Feb. 23
Amount	Maturity	Type	Coupon	Price
$14 million	2013	Serial	3%	104.659
$14.5 million	2014	Serial	2%	104.124
$500,000	2014	Serial	3%	106.873
$2.5 million	2014	Serial	4%	109.623
$2.5 million	2014	Serial	5%	112.372
$5.4 million	2015	Serial	2%	105.022
$16.6 million	2015	Serial	4%	112.462
$1,925,000	2016	Serial	3%	110.379
$1.15 million	2016	Serial	4%	115.054
$18,925,000	2016	Serial	5%	119.729
$2.1 million	2017	Serial	1%	100.336
$800,000	2017	Serial	3%	111.546
$750,000	2017	Serial	3.5%	114.349
$1.6 million	2017	Serial	4%	117.152
$16.75 million	2017	Serial	5%	122.757

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