By Sheri Kasprzak
New York, April 15 - The Oklahoma Housing Finance Agency priced $57,295,000 of series 2013 single-family mortgage revenue refunding bonds, according to a pricing sheet.
The deal included $24,935,000 of series 2013A taxable bonds and $32.36 million of series 2013B taxable bonds.
The 2013A bonds are due Sept. 1, 2041 and have a 2.75% coupon priced at par. The 2013B bonds are due Sept. 1, 2041 and have a 3% coupon to yield 2.75%.
The bonds (Aaa) were sold through George K. Baum & Co.
Proceeds will be used to refund the agency's series 2009C-1 and 2009C-2 bonds on May 1.
| Issuer: | Oklahoma Housing Finance Agency
|
| Issue: | Series 2013 single-family mortgage revenue refunding bonds
|
| Amount: | $57,295,000
|
| Type: | Negotiated
|
| Underwriters: | George K. Baum & Co. (lead), BofA Merrill Lynch and BOSC Inc. (co-managers)
|
| Rating: | Moody's: Aaa
|
| Pricing date: | April 11
|
| Settlement date: | April 30
|
|
|
| $24,935,000 series 2013A taxable bonds
|
| Maturity | Type | Coupon | Price
|
| Sept. 1, 2041 | Term | 2.75% | 100
|
|
|
| $32.36 million series 2013B taxable bonds
|
| Maturity | Type | Coupon | Yield
|
| Sept. 1, 2041 | Term | 3% | 2.75%
|
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