E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/22/2015 in the Prospect News Municipals Daily.

New Issue: Anchorage prices $97 million of G.O. tax anticipation notes

By Sheri Kasprzak

New York, April 22 – The Municipality of Anchorage priced $97 million of series 2015 general obligation tax anticipation notes, according to a pricing sheet.

The notes (/SP-1+/) were sold competitively.

The notes are due Sept. 17, 2015 and have a 0.5% coupon priced at 100.163 to yield 0.07%.

Proceeds will be used to finance capital expenditures.

Issuer:Anchorage
Issue:Series 2015 general obligation tax anticipation notes
Amount:$97 million
Maturity:Sept. 17, 2015
Coupon:0.5%
Price:100.163
Yield:0.07%
Type:Competitive
Rating:Standard & Poor’s: SP-1+
Pricing date:April 22
Settlement date:May 30

© 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.