By Sheri Kasprzak
New York, Aug. 24 - The Town of Trumbull, Conn., sold $54.86 million of series 2011 general obligation bonds and G.O. bond anticipation notes, said a pricing sheet.
The bonds were sold competitively. Calls to the town for the winning bidder were not returned by press time Wednesday evening.
The offering included $26.31 million of series 2011 G.O. bonds and $28.55 million of series 2011 G.O. BANs.
The G.O. bonds are due 2012 to 2031 with 2% to 4% coupons. The G.O. BANs are due Sept. 7, 2012, have a 1% coupon and priced at 100.716.
Proceeds will be used to fund improvements to the town's sewer system and schools.
| Issuer: | Town of Trumbull, Conn.
|
| Issue: | Series 2011 general obligation bonds and G.O. bond anticipation notes
|
| Amount: | $54.86 million
|
| Type: | Competitive
|
| Pricing date: | Aug. 24
|
| Settlement date: | Sept. 8
|
|
|
| $26.31 million series 2011 G.O. bonds
|
| Amount | Maturity | Type | Coupon | Price
|
| $1.315 million | 2012 | Serial | 2% | 101.663
|
| $1.315 million | 2013 | Serial | 2% | 103.153
|
| $1.315 million | 2014 | Serial | 3% | 107.294
|
| $1.315 million | 2015 | Serial | 3% | 109.136
|
| $1.315 million | 2016 | Serial | 3% | 109.693
|
| $1.315 million | 2017 | Serial | 4% | 115.238
|
| $1.315 million | 2018 | Serial | 4% | 115.434
|
| $1.315 million | 2019 | Serial | 2% | 100.515
|
| $1.315 million | 2020 | Serial | 4% | 114.245
|
| $1.315 million | 2021 | Serial | 4% | 113.744
|
| $1.315 million | 2022 | Serial | 3% | 102.93
|
| $1.315 million | 2023 | Serial | 3% | 100.702
|
| $1.315 million | 2024 | Serial | 3% | 98.937
|
| $1.315 million | 2025 | Serial | 3.125% | 98.604
|
| $1.315 million | 2026 | Serial | 3.25% | 98.25
|
| $1.315 million | 2027 | Serial | 3.5% | 98.792
|
| $1.315 million | 2028 | Serial | 3.65% | 99.373
|
| $1.315 million | 2029 | Serial | 4% | 103.247
|
| $1.32 million | 2030 | Serial | 4% | 102.006
|
| $1.32 million | 2031 | Serial | 4% | 100
|
|
|
| $28.55 million series 2011 G.O. BANs
|
| Maturity | Type | Coupon | Price
|
| Sept. 7, 2012 | Term | 1% | 100.716
|
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