Published on 6/14/2012 in the Prospect News Municipals Daily.
New Issue: Olympia School District No. 111, Wash., sells $75.13 million G.O. bonds
By Sheri Kasprzak
New York, June 14 - The Olympia School District No. 111 of Washington State came to market with $75.13 million of series 2012B unlimited tax general obligation bonds, according to a pricing sheet.
The bonds (Aa2/A+/) were sold competitively. The issuer did not return calls for the winning bidder by press time Thursday.
The bonds are due 2013 to 2016 and 2024 to 2031 with 3% to 5% coupons.
Proceeds will be used to construct and equip a new middle school, modernize and renovate an elementary school and make other capital improvements to school facilities in the district.
| Issuer: | Olympia School District No. 111
|
| Issue: | Series 2012B unlimited tax general obligation bonds
|
| Amount: | $75.13 million
|
| Type: | Competitive
|
| Ratings: | Moody's: Aa2
|
| Standard & Poor's: A+
|
| Pricing date: | June 14
|
| Settlement date: | June 28
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $3,235,000 | 2013 | Serial | 3% | 103.909
|
| $2.03 million | 2014 | Serial | 4% | 108.678
|
| $795,000 | 2015 | Serial | 4% | 111.436
|
| $1,265,000 | 2016 | Serial | 4% | 114.024
|
| $4,075,000 | 2024 | Serial | 5% | 121.655
|
| $4,355,000 | 2025 | Serial | 5% | 120.485
|
| $5.67 million | 2026 | Serial | 5% | 119.616
|
| $9.94 million | 2027 | Serial | 4% | 105.881
|
| $7.88 million | 2028 | Serial | 5% | 117.243
|
| $11.22 million | 2029 | Serial | 5% | 116.588
|
| $11.97 million | 2030 | Serial | 4.5% | 109.463
|
| $12,695,000 | 2031 | Serial | 4.5% | 108.846
|
© 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.
