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Published on 11/4/2010 in the Prospect News Municipals Daily.

New Issue: Tulsa, Okla., prices $70 million of general obligation bonds

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
AmountMaturityTypeCouponPrice
$7.8 million2012Serial3%104.752
$7.8 million2013Serial4%109.468
$7.8 million2014Serial4%111.457
$7.8 million2015Serial5%117.773
$7.8 million2016Serial5%119.319
$7.8 million2017Serial5%120.123
$7.8 million2018Serial5%120.831
$7.8 million2019Serial5%120.761
$7.6 million2020Serial5%120.843

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