By Sheri Kasprzak
New York, Feb. 3 – The Commonwealth of Pennsylvania sold $1 billion of first series of 2015 general obligation bonds, said a pricing sheet.
The bonds were sold competitively.
The bonds are due 2016 to 2035 with 4% to 5% coupons.
Proceeds will be used to finance capital projects.
| Issuer: | Commonwealth of Pennsylvania
|
| Issue: | First series of 2015 general obligation bonds
|
| Amount: | $1 billion
|
| Type: | Competitive
|
| Pricing date: | Feb. 3
|
| Settlement date: | Feb. 12
|
|
|
| Maturity | Type | Coupon | Price
|
| 2016 | Serial | 5% | 105.209
|
| 2017 | Serial | 5% | 109.132
|
| 2018 | Serial | 5% | 112.865
|
| 2019 | Serial | 5% | 115.865
|
| 2020 | Serial | 5% | 118.442
|
| 2021 | Serial | 5% | 120.56
|
| 2022 | Serial | 5% | 122.032
|
| 2023 | Serial | 5% | 122.559
|
| 2024 | Serial | 5% | 123.42
|
| 2025 | Serial | 5% | 124.599
|
| 2026 | Serial | 5% | 123.379
|
| 2027 | Serial | 5% | 122.274
|
| 2028 | Serial | 5% | 121.676
|
| 2029 | Serial | 5% | 121.378
|
| 2030 | Serial | 3% | 99
|
| 2031 | Serial | 5% | 120.392
|
| 2032 | Serial | 5% | 119.903
|
| 2033 | Serial | 5% | 119.513
|
| 2034 | Serial | 4% | 105.876
|
| 2035 | Serial | 4% | 105.524
|
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