Published on 2/15/2012 in the Prospect News Municipals Daily.
New Issue: Will County Forest Preserve, Ill., prices $65.81 million G.O. bonds
By Sheri Kasprzak
New York, Feb. 15 - The Will County Forest Preserve District of Illinois sold $65,805,000 of series 2012 unlimited tax general obligation refunding bonds, according to a pricing sheet.
The bonds (/AA+/) were sold through Wells Fargo Securities LLC.
The bonds are due 2016 to 2024 with 3% to 5% coupons.
Proceeds will be used to advance refund existing debt.
| Issuer: | Will County Forest Preserve District, Ill.
|
| Issue: | Series 2012 unlimited tax general obligation refunding bonds
|
| Amount: | $65,805,000
|
| Type: | Negotiated
|
| Underwriter: | Wells Fargo Securities LLC
|
| Rating: | Standard & Poor's: AA+
|
| Pricing date: | Feb. 15
|
| Settlement date: | Feb. 28
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $1.31 million | 2016 | Serial | 3% | 109.442
|
| $2.27 million | 2017 | Serial | 4% | 116.12
|
| $2.39 million | 2018 | Serial | 4% | 115.886
|
| $9,915,000 | 2019 | Serial | 5% | 123.425
|
| $10,025,000 | 2020 | Serial | 5% | 123.905
|
| $10,935,000 | 2021 | Serial | 5% | 124.653
|
| $9.67 million | 2022 | Serial | 5% | 124.813
|
| $9,655,000 | 2023 | Serial | 5% | 124.821
|
| $9,635,000 | 2024 | Serial | 5% | 125.236
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
