New Issue: Williamson County, Tenn., sells $72.04 million general obligation bonds

By Sheri Kasprzak

New York, Aug. 13 – Williamson County, Tenn., sold $72.04 million of series 2014 general obligation bonds (Aaa), said a pricing sheet.

The deal includes $33.44 million of series 2014 G.O. bonds, $21.1 million of series 2014A county school district bonds and $17.5 million of series 2014B county school district refunding bonds.

The G.O. bonds are due 2016 to 2034 with 3% to 5% coupons and 0.27% to 3.36% yields.

The 2014A school bonds are due 2016 to 2034 with 3% to 5% coupons and yields from 0.27% to 3.36%.

The 2014B school bonds are due 2018 to 2027 with coupons from 2.5% to 5% and yields from 0.77% to 2.60%.

The bonds were sold competitively.

Proceeds will be deposited into a construction fund and will be used to refund existing bonds.

Issuer:	Williamson County, Tenn.
Issue:	Series 2014 general obligation bonds
Amount:	$72.04 million
Type:	Competitive
Rating:	Moody’s: Aaa
Pricing date:	Aug. 13
Settlement date:	Aug. 28
$33.44 million series 2014 G.O. bonds
Amount	Maturity	Type	Coupon	Price	Yield
$1.4 million	2016	Serial	4%	105.919	0.27%
$1.45 million	2017	Serial	5%	111.572	0.50%
$1.5 million	2018	Serial	5%	114.955	0.77%
$1.5 million	2019	Serial	4%	113.045	1.08%
$1.5 million	2020	Serial	5%	119.474	1.37%
$1.5 million	2021	Serial	5%	120.979	1.63%
$1.48 million	2022	Serial	5%	122.133	1.86%
$1.55 million	2023	Serial	5%	123.128	2.05%
$1.63 million	2024	Serial	5%	124.384	2.17%
$1.72 million	2025	Serial	3%	105.639	2.34%
$1.77 million	2026	Serial	3%	104.239	2.50%
$1.82 million	2027	Serial	3.5%	106.196	2.76%
$1.89 million	2028	Serial	3.5%	104.99	2.90%
$1.95 million	2029	Serial	3.5%	104.138	3.00%
$2.02 million	2030	Serial	3.5%	103.294	3.10%
$2.09 million	2031	Serial	3.125%	99	3.203%
$2.15 million	2032	Serial	3.125%	98.201	3.26%
$2.22 million	2033	Serial	3.25%	99.169	3.31%
$2.3 million	2034	Serial	3.25%	98.428	3.36%
$21.1 million series 2014A county school district bonds
Amount	Maturity	Type	Coupon	Price	Yield
$1 million	2016	Serial	4%	105.919	0.27%
$1 million	2017	Serial	5%	111.572	0.50%
$1 million	2018	Serial	5%	114.955	0.77%
$1 million	2019	Serial	5%	117.513	1.08%
$1 million	2020	Serial	5%	119.474	1.37%
$1 million	2021	Serial	5%	120.979	1.63%
$1 million	2022	Serial	5%	122.133	1.86%
$1 million	2023	Serial	5%	123.128	2.05%
$1 million	2024	Serial	5%	124.384	2.17%
$1.04 million	2025	Serial	3%	105.639	2.34%
$1.08 million	2026	Serial	3%	104.239	2.50%
$1.1 million	2027	Serial	3.5%	106.196	2.76%
$1.15 million	2028	Serial	3.5%	104.99	2.90%
$1.19 million	2029	Serial	3.5%	104.138	3.00%
$1.23 million	2030	Serial	3.5%	103.294	3.10%
$1.27 million	2031	Serial	3.125%	99	3.203%
$1.3 million	2032	Serial	3.125%	98.201	3.26%
$1.35 million	2033	Serial	3.25%	99.169	3.31%
$1.39 million	2034	Serial	3.25%	98.428	3.36%
$17.5 million series 2014B county school district refunding bonds
Amount	Maturity	Type	Coupon	Price	Yield
$1.53 million	2018	Serial	4%	111.419	0.77%
$1,585,000	2019	Serial	4%	113.045	1.08%
$1.64 million	2020	Serial	5%	119.593	1.35%
$1,715,000	2021	Serial	5%	121.188	1.60%
$1.79 million	2022	Serial	5%	122.371	1.83%
$1.75 million	2023	Serial	5%	123.128	2.05%
$1.77 million	2024	Serial	5%	124.384	2.17%
$1,855,000	2025	Serial	4%	114.834	2.27%
$1,915,000	2026	Serial	2.5%	100	2.50%
$1.95 million	2027	Serial	2.5%	98.93	2.60%

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