By Sheri Kasprzak
New York, Dec. 7 - The Oklahoma County Finance Authority priced $78,635,000 of series 2012 revenue bonds for the Epworth Villa, according to a pricing sheet.
The bonds were sold through Ziegler Capital Inc.
The deal included $72,765,000 of series 2012A bonds, $2,605,000 of series 2012B tax-exempt mandatory paydown securities-80 and $3,265,000 of series 2012C tax-exempt mandatory paydown securities-50.
The 2012A bonds are due 2013 to 2015 with term bonds due in 2023, 2029, 2033 and 2042.
The serial coupons range from 2% to 2.5%, all priced at par. The 2023 bonds have a 5% coupon priced at 107.05, the 2029 bonds have a 5% coupon priced at 103.369, the 2033 bonds have a 5% coupon priced at 101.103 and the 2042 bonds have a 5.125% coupon priced at par.
The 2012B bonds are due 2018 and have a 4.25% coupon priced at par.
The 2012C bonds are due 2018 and have a 3.5% coupon priced at par.
Proceeds will be used to acquire, construct, equip and renovate Epworth Villa, an assisted living facility in Oklahoma City.
| Issuer: | Oklahoma County Finance Authority/Epworth Villa
|
| Issue: | Series 2012 revenue bonds
|
| Amount: | $78,635,000
|
| Type: | Negotiated
|
| Underwriter: | Ziegler Capital Inc.
|
| Pricing date: | Dec. 6
|
| Settlement date: | Dec. 19
|
|
|
| $72,765,000 series 2012A bonds
|
| Amount | Maturity | Type | Coupon | Price
|
| $685,000 | 2013 | Serial | 2% | 100
|
| $770,000 | 2014 | Serial | 2.25% | 100
|
| $780,000 | 2015 | Serial | 2.5% | 100
|
| $10,305,000 | 2023 | Term | 5% | 107.05
|
| $4,985,000 | 2029 | Term | 5% | 103.369
|
| $10.82 million | 2033 | Term | 5% | 101.103
|
| $44.42 million | 2042 | Term | 5.125% | 100
|
|
|
| $2,605,000 series 2012B tax-exempt mandatory paydown securities-80
|
| Maturity | Type | Coupon | Price
|
| 2018 | Term | 4.25% | 100
|
|
|
| $3,265,000 series 2012C tax-exempt mandatory paydown securities-50
|
| Maturity | Type | Coupon | Price
|
| 2018 | Term | 3.5% | 100
|
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