By Sheri Kasprzak
New York, Nov. 4 - The City of Tulsa, Okla., priced on Thursday $70 million of series 2010 general obligation bonds, said a pricing sheet.
The bonds (Aa1/AA/) were sold competitively. Calls to the issuer for the winning bidder were not immediately returned Thursday.
The bonds are due 2012 to 2020 with 3% to 5% coupons.
Proceeds will be used to finance street, fire, police, sanitary sewer and storm water improvements.
Issuer: | City of Tulsa
|
Issue: | Series 2010 general obligation bonds
|
Amount: | $70 million
|
Type: | Competitive
|
Ratings: | Moody's: Aa1
|
| Standard & Poor's: AA
|
Pricing date: | Nov. 4
|
Settlement date: | Dec. 1
|
|
Amount | Maturity | Type | Coupon | Price
|
$7.8 million | 2012 | Serial | 3% | 104.752
|
$7.8 million | 2013 | Serial | 4% | 109.468
|
$7.8 million | 2014 | Serial | 4% | 111.457
|
$7.8 million | 2015 | Serial | 5% | 117.773
|
$7.8 million | 2016 | Serial | 5% | 119.319
|
$7.8 million | 2017 | Serial | 5% | 120.123
|
$7.8 million | 2018 | Serial | 5% | 120.831
|
$7.8 million | 2019 | Serial | 5% | 120.761
|
$7.6 million | 2020 | Serial | 5% | 120.843
|
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