New Issue: Topeka Public Building Commission, Kan., sells $55.87 million of bonds

By Sheri Kasprzak

New York, Nov. 5 - The Topeka Public Building Commission of Kansas sold $55.87 million of series 2013 leasehold revenue bonds for the KBI Forensic Laboratory project, according to a pricing sheet.

The bonds (/AA/) were sold competitively with BofA Merrill Lynch as the winning bidder at a 3.778239% true interest cost.

The bonds are due 2015 to 2033 with 0.55% to 5% coupons.

Proceeds will be used to construct, equip and acquire a Kansas Bureau of Investigation laboratory on the Washburn University campus.

Issuer:	Topeka Public Building Commission, Kan.
Issue:	Series 2013 leasehold revenue bonds
Amount:	$55.87 million
Type:	Competitive
Underwriter:	BofA Merrill Lynch (winner)
True interest cost:	3.778239%
Ratings:	Standard & Poor's: AA
Pricing date:	Nov. 5
Settlement date:	Nov. 26
Amount	Maturity	Type	Coupon	Price
$2.07 million	2015	Serial	0.55%	100
$2.12 million	2016	Serial	0.75%	100
$2,185,000	2017	Serial	5%	115.4
$2,255,000	2018	Serial	5%	117.319
$2.32 million	2019	Serial	5%	117.912
$2,395,000	2020	Serial	5%	117.892
$2.48 million	2021	Serial	5%	117.339
$2.58 million	2022	Serial	5%	115.461
$2,685,000	2023	Serial	3%	99.485
$2,795,000	2024	Serial	3.125%	99.124
$2,915,000	2025	Serial	3.25%	98.239
$3.05 million	2026	Serial	3.5%	98.558
$3,195,000	2027	Serial	4%	101.439
$3.35 million	2028	Serial	4%	100.408
$3,515,000	2029	Serial	4%	99.181
$3,695,000	2030	Serial	4%	98
$3,885,000	2031	Serial	4.125%	98.066
$4,085,000	2032	Serial	4.25%	98.714
$4,295,000	2033	Serial	4.25%	98.278

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.