Published on 5/8/2012 in the Prospect News Municipals Daily.
New Issue: Maricopa County Community College, Ariz., prices $69.14 million G.O.s
By Sheri Kasprzak
New York, May 8 - The Maricopa County Community College District of Arizona sold $69,135,000 of series 2012 general obligation refunding bonds, according to a pricing sheet.
The bonds (Aaa/AAA/AAA) were sold competitively, but calls to the issuer for the winning bidder were not returned by press time Tuesday.
The bonds are due 2015 to 2019 with 2% to 4%. The 2016, 2017 and 2018 bonds were not reoffered.
Proceeds will be used to refund the district's series 2005A project of 2004 G.O. bonds.
| Issuer: | Maricopa County Community College District, Ariz.
|
| Issue: | Series 2012 general obligation refunding bonds
|
| Amount: | $69,135,000
|
| Type: | Competitive
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Pricing date: | May 8
|
| Settlement date: | May 31
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $13,285,000 | 2015 | Serial | 2% | 104.27
|
| $13.53 million | 2016 | Serial | 4% | NRO
|
| $13.77 million | 2017 | Serial | 4% | NRO
|
| $14.01 million | 2018 | Serial | 4% | NRO
|
| $14.54 million | 2019 | Serial | 2.5% | 108.094
|
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