By Sheri Kasprzak
New York, Nov. 10 - The Orange County Sanitation District of California priced $165.415 million of series 2009B revenue refunding certificate anticipation notes, said a sellside source.
The bonds (/SP-1+/F1+) were sold competitively, with Merrill Lynch & Co. winning the bid. The true interest cost came in at 0.38%.
The notes are due Dec. 1, 2010 with a 2% coupon. The notes were not officially reoffered.
Proceeds will be used to refund existing notes.
| Issuer: | Orange County Sanitation District
|
| Issue: | Series 2009B revenue refunding certificate anticipation notes
|
| Amount: | $165.415 million
|
| Type: | Competitive
|
| Underwriter: | Merrill Lynch & Co. (lead)
|
| TIC: | 0.38%
|
| Coupon: | 2%
|
| Price: | NRO
|
| Ratings: | Standard & Poor's: SP-1+
|
| Fitch: F1+
|
| Pricing date: | Nov. 10
|
© 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.
