By Sheri Kasprzak
New York, Sept. 21 - The Metropolitan Government of Nashville and Davidson County in Tennessee priced $284.07 million in series 2010D general obligation refunding bonds on Tuesday, according to a pricing sheet.
The bonds were sold through Jefferies & Co. and Morgan Keegan & Co. Inc. The co-managers were Bank of America Merrill Lynch, Goldman, Sachs & Co., Mesirow Financial Inc., Morgan Stanley & Co. Inc. and Loop Capital Markets LLC.
The bonds are due 2011 to 2024 with 1.5% to 5% coupons. The full pricing details were not available Tuesday evening.
Proceeds will be used to refund the government's series 2002 multipurpose G.O. refunding bonds, series 2003 multipurpose G.O. bonds, series 2004 multipurpose G.O. bonds, series 2005A G.O. bonds, series 2005B G.O. refunding bonds and series 2005C G.O. school bonds.
| Issuer: | Metropolitan Government of Nashville and Davidson County, Tennessee
|
| Issue: | Series 2010D general obligation refunding bonds
|
| Amount: | $284.07 million
|
| Type: | Negotiated
|
| Underwriters: | Jefferies & Co. and Morgan Keegan & Co. Inc. (leads); Bank of America Merrill Lynch, Goldman, Sachs & Co., Mesirow Financial Inc., Morgan Stanley & Co. Inc. and Loop Capital Markets LLC (co-managers)
|
| Pricing date: | Sept. 21
|
| Settlement date: | Oct. 13
|
|
|
| Maturity | Type | Coupon
|
| 2011 | Serial | 1.5%
|
| 2012 | Serial | 2%
|
| 2012 | Serial | 4%
|
| 2013 | Serial | 2%
|
| 2013 | Serial | 5%
|
| 2014 | Serial | 3%
|
| 2014 | Serial | 4%
|
| 2015 | Serial | 4%
|
| 2016 | Serial | 3%
|
| 2016 | Serial | 5%
|
| 2017 | Serial | 4%
|
| 2017 | Serial | 5%
|
| 2018 | Serial | 4%
|
| 2018 | Serial | 5%
|
| 2019 | Serial | 4%
|
| 2019 | Serial | 5%
|
| 2020 | Serial | 4%
|
| 2020 | Serial | 5%
|
| 2021 | Serial | 5%
|
| 2022 | Serial | 5%
|
| 2023 | Serial | 4%
|
| 2023 | Serial | 5%
|
| 2024 | Serial | 4%
|
| 2024 | Serial | 5%
|
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