New Issue: Mecklenburg County, N.C., prices $219.47 million G.O. refunding bonds

By Sheri Kasprzak

New York, Jan. 10 - Mecklenburg County, N.C., priced $219.47 million of series 2013A general obligation refunding bonds, said a pricing sheet.

The bonds (Aa1//AAA) were sold through Wells Fargo Securities LLC.

The bonds are due 2013 to 2027 with 2% to 5% coupons.

Proceeds will be used to refund county's series 2003B and 2004B variable-rate G.O. bonds, 2005A and 2005C G.O. bonds, 2007A G.O. bonds and 2008A-B G.O. bonds, for debt service savings and to reduce variable-rate exposure.

Issuer:	Mecklenburg County, N.C.
Issue:	Series 2013A general obligation refunding bonds
Amount:	$219.47 million
Type:	Negotiated
Underwriter:	Wells Fargo Securities LLC
Ratings:	Moody's: Aa1
	Fitch: AAA
Pricing date:	Jan. 10
Settlement date:	Jan. 29
Amount	Maturity	Type	Coupon	Price
$3.06 million	2013	Serial	2%	101.524
$2.95 million	2014	Serial	3%	104.947
$4.27 million	2015	Serial	2%	104.511
$10,215,000	2016	Serial	4%	113.005
$10.2 million	2017	Serial	5%	120.316
$10.75 million	2018	Serial	5%	123.269
$10,795,000	2019	Serial	5%	125.848
$23.54 million	2020	Serial	5%	127.574
$30,605,000	2021	Serial	5%	128.965
$20,165,000	2022	Serial	5%	129.99
$20,165,000	2023	Serial	5%	131.035
$21.37 million	2024	Serial	5%	131.73
$21,445,000	2025	Serial	5%	132.617
$18.37 million	2026	Serial	5%	133.671
$11.57 million	2027	Serial	5%	134.376

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