New Issue: Milwaukee Metropolitan Sewerage District sells $50 million G.O. sewerage system bonds

By Sheri Kasprzak

New York, Dec. 16 - The Milwaukee Metropolitan Sewerage District of Wisconsin sold $50 million of series 2010L general obligation sewerage system Build America Bonds earlier this week, according to a pricing sheet.

The bonds are due 2011 to 2030 with 0.85% to 5.55% coupons.

The bonds were sold competitively.

Proceeds will be used to finance a portion of the district's capital budget for 2011 and subsequent years.

Issuer:	Milwaukee Metropolitan Sewerage District
Issue:	Series 2010L general obligation sewerage system Build America Bonds
Amount:	$50 million
Type:	Competitive
Ratings:	Moody's: Aaa
	Standard & Poor's: AA+
	Fitch: AAA
Pricing date:	Dec. 13
Settlement date:	Dec. 23
Amount	Maturity	Type	Coupon	Price
$2.375 million	2011	Serial	0.85%	100
$2.115 million	2012	Serial	1.4%	100
$2.13 million	2013	Serial	2%	100
$2.15 million	2014	Serial	2.8%	100
$2.17 million	2015	Serial	3.1%	100
$2.195 million	2016	Serial	3.5%	100
$2.23 million	2017	Serial	3.75%	100
$2.27 million	2018	Serial	4.2%	101.654
$2.31 million	2019	Serial	4.2%	100
$2.365 million	2020	Serial	4.3%	100
$2.42 million	2021	Serial	4.5%	100
$2.485 million	2022	Serial	4.5%	100
$2.555 million	2023	Serial	4.6%	100
$2.62 million	2024	Serial	4.75%	100
$2.7 million	2025	Serial	4.9%	100
$2.785 million	2026	Serial	5.1%	100
$2.875 million	2027	Serial	5.25%	100
$2.975 million	2028	Serial	5.35%	100
$3.08 million	2029	Serial	5.45%	100
$3.195 million	2030	Serial	5.55%	100

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