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Published on 1/30/2014 in the Prospect News Municipals Daily.

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

By Sheri Kasprzak

New York, Jan. 30 - The City of Tulsa, Okla., sold $50 million of series 2014 general obligation bonds, according to a pricing sheet.

The bonds (Aa1/AA/) were sold competitively.

The bonds are due 2016 to 2034 with 3% to 4% coupons.

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

Issuer:City of Tulsa, Okla.
Issue:Series 2014 general obligation bonds
Amount:$50 million
Type:Competitive
Ratings:Moody's: Aa1
Standard & Poor's: AA
Pricing date:Jan. 30
Settlement date:March 1
AmountMaturityTypeCouponPrice
$2.66 million2016Serial3%105.095
$2.63 million2017Serial3%107.052
$2.63 million2018Serial3%108.007
$2.63 million2019Serial3%108.658
$2.63 million2020Serial3%107.29
$2.63 million2021Serial3%106.474
$2.63 million2022Serial3%104.286
$2.63 million2023Serial3%102.856
$2.63 million2024Serial3%101.766
$2.63 million2025Serial3%100.626
$2.63 million2026Serial3%98.995
$2.63 million2027Serial3.125%98.164
$2.63 million2028Serial3.25%98
$2.63 million2029Serial4%103.13
$2.63 million2030Serial4%102.569
$2.63 million2031Serial4%102.012
$2.63 million2032Serial4%101.519
$2.63 million2033Serial4%101.03
$2.63 million2034Serial4%100.725

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