By Sheri Kasprzak
New York, Feb. 24 – Mecklenburg County, N.C., priced $100 million of series 2015A general obligation school bonds, according to a pricing sheet.
The bonds were sold competitively. The issuer did not respond to requests for the winning bidder Tuesday.
The bonds are due 2016 to 2035 with 3% to 5% coupons and 0.15% to 3.35% yields.
Proceeds will be used to finance school building construction, equipment and improvement.
| Issuer: | Mecklenburg County, N.C.
|
| Issue: | Series 2015A general obligation school bonds
|
| Amount: | $100 million
|
| Type: | Competitive
|
| Pricing date: | Feb. 24
|
| Settlement date: | March 17
|
|
|
| Amount | Maturity | Type | Coupon | Price | Yield
|
| $5 million | 2016 | Serial | 5% | 105.032 | 0.15%
|
| $5 million | 2017 | Serial | 5% | 109.159 | 0.48%
|
| $5 million | 2018 | Serial | 5% | 112.713 | 0.76%
|
| $5 million | 2019 | Serial | 5% | 116.009 | 0.95%
|
| $5 million | 2020 | Serial | 5% | 118.741 | 1.16%
|
| $5 million | 2021 | Serial | 5% | 121.033 | 1.36%
|
| $5 million | 2022 | Serial | 5% | 122.473 | 1.61%
|
| $5 million | 2023 | Serial | 5% | 123.933 | 1.79%
|
| $5 million | 2024 | Serial | 5% | 125.162 | 1.95%
|
| $5 million | 2025 | Serial | 5% | 126.331 | 2.08%
|
| $5 million | 2026 | Serial | 3% | 106.705 | 2.25%
|
| $5 million | 2027 | Serial | 4% | 114.581 | 2.36%
|
| $5 million | 2028 | Serial | 5% | 123.071 | 2.40%
|
| $5 million | 2029 | Serial | 5% | 122.371 | 2.47%
|
| $5 million | 2030 | Serial | 3% | 100 | 3.00%
|
| $5 million | 2031 | Serial | 3% | 98.742 | 3.10%
|
| $5 million | 2032 | Serial | 3% | 97.645 | 3.18%
|
| $5 million | 2033 | Serial | 3% | 96.607 | 3.25%
|
| $5 million | 2034 | Serial | 3.125% | 97.539 | 3.30%
|
| $5 million | 2035 | Serial | 3.25% | 98.547 | 3.35%
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
