By Sheri Kasprzak
New York, Dec. 9 - The Independent School District No. 89 of Oklahoma sold $60 million of series 2014 general obligation bonds, according to a pricing sheet.
The bonds (Aa2/AA/) were sold competitively.
The bonds are due 2016 to 2020 with 2% coupons.
Proceeds will be used to acquire or improve technology for the district's schools, purchase transportation equipment for the district and acquire or improve safety, security and equipment for the schools.
| Issuer: | Independent School District No. 89/Oklahoma City School District
|
| Issue: | Series 2014 general obligation bonds
|
| Amount: | $60 million
|
| Type: | Competitive
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AA
|
| Pricing date: | Dec. 9
|
| Settlement date: | Jan. 23
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $12 million | 2016 | Serial | 2% | 103.581
|
| $12 million | 2017 | Serial | 2% | 103.889
|
| $12 million | 2018 | Serial | 2% | 103.359
|
| $12 million | 2019 | Serial | 2% | 101.97
|
| $12 million | 2020 | Serial | 2% | 99.699
|
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