By Sheri Kasprzak
New York, Feb. 28 - The Orange County Sanitation District of California sold $92.8 million of series 2012A wastewater refunding obligations, according to a pricing sheet.
The obligations (AAA/AAA) were sold competitively, but calls to the issuer for the winning bidder were not immediately returned Tuesday.
The bonds are due 2031 to 2033 with 3% to 4% coupons.
Proceeds will be used to refund the district's series 2003 certificates.
| Issuer: | Orange County Sanitation District, Calif.
|
| Issue: | Series 2012A wastewater refunding obligations
|
| Amount: | $92.8 million
|
| Type: | Competitive
|
| Ratings: | Standard & Poor's: AAA
|
| Fitch: AAA
|
| Pricing date: | Feb. 28
|
| Settlement date: | March 22
|
|
|
| Maturity | Type | Coupon | Price
|
| 2031 | Serial | 3% | 98
|
| 2032 | Serial | 4% | 105.846
|
| 2033 | Serial | 4% | 104.134
|
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