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Published on 11/3/2011 in the Prospect News Municipals Daily.

New Issue: Tulsa, Okla., prices $50 million of general obligation bonds

By Sheri Kasprzak

New York, Nov. 3 - City of Tulsa, Okla., priced $50 million of series 2011 general obligation bonds, according to a pricing sheet.

The bonds (Aa1/AA) were sold competitively, but the issuer did not return calls for the winning bidder Thursday.

The bonds are due 2013 to 2031 with 2% to 3.5% coupons.

Proceeds will be used to fund the construction and improvement of bridges and streets in the city.

Issuer:City of Tulsa, Okla.
Issue:Series 2011 general obligation bonds
Amount:$50 million
Type:Competitive
Ratings:Moody's: Aa1
Standard & Poor's: AA
Pricing date:Nov. 3
Settlement date:Dec. 1
MaturityTypeCouponPrice
2013Serial2%102.725
2014Serial2%103.504
2015Serial3%107.626
2016Serial3%108.141
2017Serial3%108.522
2018Serial3%108.158
2019Serial3%107.096
2020Serial3%105.638
2021Serial3%104.384
2022Serial3%101.727
2023Serial3%100
2024Serial3%99.149
2025Serial3.125%99.382
2026Serial3.2%99.059
2027Serial3.25%98.405
2028Serial3.375%98.662
2029Serial3.375%97.95
2030Serial3.375%97.194
2031Serial3.5%97.469

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