By Sheri Kasprzak
New York, Jan. 25 - The Indiana Bond Bank priced $297.42 million in series 2010A advanced funding program notes on Thursday, according to an official statement.
The notes (/SP-1+/) were sold through J.P. Morgan Securities Inc. The co-managers were City Securities Corp. and Morgan Keegan & Co. Inc.
The 2% notes are due Jan. 6, 2011, priced to yield 0.43%.
Proceeds will be used to make a deposit to a warrant purchase fund.
| Issuer: | Indiana Bond Bank
|
| Issue: | Series 2010A advanced funding program notes
|
| Amount: | $297.42 million
|
| Maturity: | Jan. 6, 2011
|
| Coupon: | 2%
|
| Yield: | 0.43%
|
| Type: | Negotiated
|
| Underwriters: | J.P. Morgan Securities Inc. (lead); City Securities Corp. and Morgan Keegan & Co. Inc. (co-managers)
|
| Rating: | Standard & Poor's: SP-1+
|
| Pricing date: | Jan. 21
|
| Settlement date: | Jan. 28
|
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