By Sheri Kasprzak
New York, March 26 - The Oklahoma County Finance Authority of Oklahoma sold $49.82 million in series 2010 educational facilities lease revenue bonds on Wednesday, according to a pricing sheet. The deal was downsized from $50.655 million.
The bonds (/A/) were sold through D.A. Davidson & Co. Inc.
The bonds are due 2011 to 2014. The coupons range from 3% to 4%, and the yields range from 1.35% to 2.60%.
Proceeds will be used to fund improvements to Putnam City Public Schools.
| Issuer: | Oklahoma County Finance Authority (Oklahoma)
|
| Issue: | Series 2010 educational facilities lease revenue bonds
|
| Amount: | $49.82 million, reduced from $50.655 million
|
| Type: | Negotiated
|
| Underwriter: | D.A. Davidson & Co. Inc. (lead)
|
| Rating: | Standard & Poor's: A
|
| Pricing date: | March 24
|
| Settlement date: | March 30
|
|
|
| Maturity | Type | Coupon | Yield
|
| 2011 | Serial | 3% | 1.35%
|
| 2012 | Serial | 3.5% | 1.95%
|
| 2013 | Serial | 4% | 2.25%
|
| 2014 | Serial | 4% | 2.60%
|
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