By Sheri Kasprzak
New York, Aug. 25 - The state of Texas sold $50 million in series 2009 B general obligation veterans housing assistance program fund bonds, according to a pricing sheet.
The bonds (Aa1/AA+/) were sold through senior manager Goldman, Sachs & Co.
The bonds are due 2010 to 2024, with coupons ranging from 3.5% to 5%.
Proceeds will be used to fund mortgage loans.
Issuer: | Texas
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Issue: | Series 2009B general obligation veterans housing assistance program fund bonds
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Amount: | $50 million
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Type: | Negotiated
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Underwriter: | Goldman, Sachs & Co.
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Maturities: | 2010 to 2024
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Coupons: | 3.5% to 5%
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Ratings: | Moody's: Aa1
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| Standard & Poor's: AA+
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Pricing date: | Aug. 25
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Settlement date: | Sept. 3
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