Published on 6/30/2011 in the Prospect News Municipals Daily.
New Issue: Pittsburg Unified School District, Calif., sells $50 million of G.O.s
By Sheri Kasprzak
New York, June 30 - The Pittsburg Unified School District of California priced $50 million of series 2011 general obligation bonds, said a pricing sheet.
The bonds were sold through senior manager George K. Baum & Co.
The bonds are due Sept. 1, 2046 and have a 5.5% coupon priced at 98.629.
Proceeds will be used to construct, equip and furnish school facilities.
| Issuer: | Pittsburg Unified School District
|
| Issue: | Series 2011 general obligation bonds
|
| Amount: | $50 million
|
| Maturity: | Sept. 1, 2046
|
| Coupon: | 5.5%
|
| Price: | 98.629
|
| Type: | Negotiated
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| Underwriter: | George K. Baum & Co.
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| Pricing date: | June 30
|
| Settlement date: | July 14
|
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