New Issue: Huntsville, Ala., brings $61.76 million of general obligation warrants

By Sheri Kasprzak

New York, June 16 – The City of Huntsville, Ala., priced $61.76 million of series 2015A general obligation warrants, according to a pricing sheet.

The warrants (Aaa/AAA/) were sold competitively. The issuer did not immediately respond to requests for the winning bidder Tuesday.

The warrants are due 2016 to 2035 with 2% to 5% coupons.

Proceeds will be used to improve roadways, parks, recreational facilities, public safety facilities and other capital projects.

Issuer:	Huntsville, Ala.
Issue:	Series 2015A general obligation warrants
Amount:	$61.76 million
Type:	Competitive
Ratings:	Moody’s: Aaa
	Standard & Poor’s: AAA
Pricing date:	June 16
Settlement date:	June 30
Amount	Maturity	Type	Coupon	Price
$2.47 million	2016	Serial	5%	103.878
$2,045,000	2017	Serial	5%	107.735
$2.11 million	2018	Serial	5%	110.859
$2.17 million	2019	Serial	5%	113.639
$2,265,000	2020	Serial	2%	102.041
$2.35 million	2021	Serial	5%	117.469
$2,465,000	2022	Serial	5%	118.866
$2.59 million	2023	Serial	5%	120.369
$2.72 million	2024	Serial	5%	121.297
$2,855,000	2025	Serial	5%	122.068
$2,995,000	2026	Serial	5%	122.64
$3,155,000	2027	Serial	5%	123.28
$3.31 million	2028	Serial	5%	123.825
$3.47 million	2029	Serial	5%	124.308
$3.64 million	2030	Serial	5%	124.621
$3.83 million	2031	Serial	5%	125.061
$4,015,000	2032	Serial	5%	125.524
$4,225,000	2033	Serial	5%	125.878
$4.43 million	2034	Serial	5%	126.292
$4.65 million	2035	Serial	5%	126.619

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