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Published on 5/2/2013 in the Prospect News Municipals Daily.

New Issue: Acalanes Union High School, Calif., prices $50 million of G.O.s

By Sheri Kasprzak

New York, May 2 - The Acalanes Union High School District of California priced $50 million of series 2013 taxable general obligation refunding bonds, said a pricing sheet.

The bonds (Aa1) were sold through senior manager Piper Jaffray & Co.

The bonds are due 2014 to 2024 with 0.35% to 2.931% coupons all priced at par.

Proceeds will be used to refund all or a portion of the district's series 2005A-B bonds.

Issuer:Acalanes Union High School District
Issue:Series 2013 taxable general obligation refunding bonds
Amount:$50 million
Type:Negotiated
Underwriter:Piper Jaffray & Co. (lead)
Rating:Moody's: Aa1
Pricing date:May 2
Settlement date:May 30
MaturityTypeCouponPrice
2014Serial0.35%100
2015Serial0.50%100
2016Serial0.743%100
2017Serial1.097%100
2018Serial1.427%100
2019Serial1.874%100
2020Serial2.094%100
2021Serial2.381%100
2022Serial2.581%100
2023Serial2.781%100
2024Serial2.931%100

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