By Sheri Kasprzak
New York, July 9 - Monroe County in New York priced this week $91.59 million of series 2009 general obligation public improvement bonds, said an official statement.
The sale included $67.1 million of series 2009A bonds, $14.2 million of series 2009B bonds and $10.29 million of series 2009C bonds.
The bonds (Aa2/AAA/AA) were sold on Tuesday through lead manager Jefferies & Co.
The 2009A bonds are due 2010 to 2029 with coupons from 2% to 5% and yields 1.5% to 5.3%.
The 2009B bonds are due 2011 to 2029 with coupons from 3.75% to 5.25%.
The 2009C bonds are due July 14, 2010 with a 3.5% coupon to yield 3%.
Proceeds will be used to fund capital improvements.
| Issuer: | Monroe County, N.Y.
|
| Issue: | Series 2009 general obligation public improvement bonds
|
| Amount: | $91.59 million
|
| Type: | Negotiated
|
| Underwriter: | Jefferies & Co.
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: AAA
|
| Fitch: AA
|
| Pricing date: | July 7
|
|
|
| Series 2009A
|
| Maturity | Type | Coupon | Yield
|
| 2010 | Serial | 2% | 1.50%
|
| 2011 | Serial | 3.75% | 2.14%
|
| 2012 | Serial | 4% | 2.39%
|
| 2013 | Serial | 4% | 2.83%
|
| 2014 | Serial | 5% | 3.25%
|
| 2015 | Serial | 5% | 3.52%
|
| 2016 | Serial | 5% | 3.78%
|
| 2017 | Serial | 5% | 4.04%
|
| 2018 | Serial | 4% | 4.24%
|
| 2019 | Serial | 5% | 4.41%
|
| 2020 | Serial | 4.5% | 4.64%
|
| 2021 | Serial | 5% | 4.77%
|
| 2022 | Serial | 4.75% | 4.89%
|
| 2023 | Serial | 4.75% | 4.97%
|
| 2024 | Serial | 5% | 5.05%
|
| 2025 | Serial | 5% | 5.09%
|
| 2026 | Serial | 5% | 5.14%
|
| 2027 | Serial | 5% | 5.18%
|
| 2028 | Serial | 5% | 5.23%
|
| 2029 | Serial | 5% | 5.30%
|
|
|
| Series 2009B
|
| Maturity | Type | Coupon | Yield
|
| 2011 | Serial | 3.75% | 2.14%
|
| 2012 | Serial | 4% | 2.39%
|
| 2013 | Serial | 4% | 2.83%
|
| 2014 | Serial | 4.25% | 3.25%
|
| 2015 | Serial | 4.25% | 3.52%
|
| 2016 | Serial | 4.5% | 3.78%
|
| 2017 | Serial | 5.25% | 4.04%
|
| 2018 | Serial | 5.25% | 4.24%
|
| 2019 | Serial | 5.25% | 4.41%
|
| 2020 | Serial | 5.25% | 4.64%
|
| 2021 | Serial | 5% | 4.77%
|
| 2022 | Serial | 5% | 4.89%
|
| 2023 | Serial | 5% | 4.97%
|
| 2024 | Serial | 5% | 5.05%
|
| 2025 | Serial | 5% | 5.09%
|
| 2026 | Serial | 5.125% | 5.14%
|
| 2027 | Serial | 5.125% | 5.18%
|
| 2028 | Serial | 5.125% | 5.23%
|
| 2029 | Serial | 5.125% | 5.30%
|
|
|
| Series 2009C
|
| Maturity | Type | Coupon | Yield
|
| 2010 | Term | 3.5% | 3.00%
|
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