By Sheri Kasprzak
New York, June 7 - New Hanover County, N.C., sold $54 million of series 2013A community college general obligation bonds, said an official statement.
The bonds (Aaa/AAA/) were sold competitively with Janney Montgomery Scott LLC winning the bid.
The bonds are due 2015 to 2034 with 3% to 5% coupons and 0.40% to 3.45% yields.
Proceeds will be used to construct and improve community colleges within the county.
| Issuer: | New Hanover County, N.C.
|
| Issue: | Series 2013A community college general obligation bonds
|
| Amount: | $54 million
|
| Type: | Competitive
|
| Underwriter: | Janney Montgomery Scott LLC (winner)
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Pricing date: | June 4
|
| Settlement date: | June 27
|
|
|
| Amount | Maturity | Type | Coupon | Yield
|
| $2.75 million | 2015 | Serial | 5% | 0.40%
|
| $2.75 million | 2016 | Serial | 4% | 0.59%
|
| $2.75 million | 2017 | Serial | 5% | 0.80%
|
| $2.75 million | 2018 | Serial | 5% | 1.15%
|
| $2.75 million | 2019 | Serial | 5% | 1.44%
|
| $2.75 million | 2020 | Serial | 5% | 1.66%
|
| $2.75 million | 2021 | Serial | 5% | 1.94%
|
| $2.75 million | 2022 | Serial | 5% | 2.15%
|
| $2.75 million | 2023 | Serial | 5% | 2.28%
|
| $2.75 million | 2024 | Serial | 5% | 2.36%
|
| $2.75 million | 2025 | Serial | 5% | 2.48%
|
| $2.75 million | 2026 | Serial | 3% | 2.84%
|
| $2.75 million | 2027 | Serial | 3% | 3.00%
|
| $2.75 million | 2028 | Serial | 4% | 3.10%
|
| $2.75 million | 2029 | Serial | 4% | 3.17%
|
| $2.75 million | 2030 | Serial | 4% | 3.23%
|
| $2.75 million | 2031 | Serial | 4% | 3.29%
|
| $2.75 million | 2032 | Serial | 4% | 3.35%
|
| $2.75 million | 2033 | Serial | 4% | 3.40%
|
| $1.75 million | 2034 | Serial | 4% | 3.45%
|
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