By Sheri Kasprzak
New York, March 13 - The Tulsa Metropolitan Utility Authority of Oklahoma sold $56.7 million of series 2013 utility revenue refunding bonds, according to a pricing sheet.
The bonds (Aa1/AA/) were sold competitively. The issuer did not immediately return calls for the winning bidder.
The bonds are due 2013 to 2025 with 2% to 3% coupons.
Proceeds will be used to refund existing utility revenue bonds.
| Issuer: | Tulsa Metropolitan Utility Authority
|
| Issue: | Series 2013 utility revenue refunding bonds
|
| Amount: | $56.7 million
|
| Type: | Competitive
|
| Ratings: | Moody's: Aa1
|
| Standard & Poor's: AA
|
| Pricing date: | March 13
|
| Settlement date: | March 27
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $4.2 million | 2013 | Serial | 2% | 100.726
|
| $4.3 million | 2014 | Serial | 2% | 102.362
|
| $4.4 million | 2015 | Serial | 2.5% | 104.944
|
| $4.48 million | 2016 | Serial | 2.5% | 106.366
|
| $4.56 million | 2017 | Serial | 2.5% | 107.38
|
| $4.58 million | 2018 | Serial | 2.5% | 107.465
|
| $4.6 million | 2019 | Serial | 2.5% | 106.548
|
| $4.62 million | 2020 | Serial | 2.5% | 105.202
|
| $4.72 million | 2021 | Serial | 2.5% | 103.855
|
| $4.9 million | 2022 | Serial | 2.5% | 102.004
|
| $5.1 million | 2023 | Serial | 2.5% | 100.336
|
| $5.35 million | 2024 | Serial | 2.7% | 100.67
|
| $5.47 million | 2025 | Serial | 3% | 102.005
|
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