By Sheri Kasprzak
New York, June 8 – The State of Idaho sold $500 million of series 2016-17 tax anticipation notes, according to a pricing sheet.
The notes (/SP-1+/F1+) were sold through Piper Jaffray & Co.
The notes are due June 1, 2017 and have a 2% coupon priced at 101.267 to yield 0.72%.
Proceeds will be used to finance capital expenditures for the coming fiscal year.
| Issuer: | State of Idaho
|
| Issue: | Series 2016-17 tax anticipation notes
|
| Amount: | $500 million
|
| Maturity: | June 1, 2017
|
| Coupon: | 2%
|
| Price: | 101.267
|
| Yield: | 0.72%
|
| Type: | Negotiated
|
| Underwriter: | Piper Jaffray & Co.
|
| Ratings: | S&P: SP-1+
|
| Fitch: F1+
|
| Pricing date: | June 7
|
| Settlement date: | July 1
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
