By Sheri Kasprzak
New York, Jan. 19 - The Indiana Bond Bank sold $116.3 million of series 2012A advance funding program notes, according to a pricing sheet.
The notes (SP-1) were sold through J.P. Morgan Securities LLC.
The notes are due Jan. 3, 2013 and have a 1.25% coupon priced at 100.839.
Proceeds will be used to purchase warrants from certain governmental entities within the state.
| Issuer: | Indiana Bond Bank
|
| Issue: | Series 2012A advance funding program notes
|
| Amount: | $116.3 million
|
| Maturity: | Jan. 3, 2013
|
| Coupon: | 1.25%
|
| Price: | 100.839
|
| Type: | Negotiated
|
| Underwriter: | J.P. Morgan Securities LLC
|
| Rating: | Standard & Poor's: SP-1
|
| Pricing date: | Jan. 19
|
| Settlement date: | Jan. 26
|
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