By Sheri Kasprzak
New York, Sept. 16 - The state of Wisconsin brought to market Tuesday $147.13 million in series 2009B transportation revenue Build America Bonds, according to a pricing sheet.
The bonds are due 2015 to 2025 with a term bond due 2030. The serials have coupons from 3.535% to 5.437%, all priced at par. The 2030 bond has a 5.837% coupon, priced at par.
Morgan Stanley & Co. Inc. was the senior manager.
Proceeds will be used to fund transportation improvements.
Issuer: | State of Wisconsin
|
Issue: | Series 2009B transportation revenue Build America Bonds
|
Amount: | $147.13 million
|
Type: | Negotiated
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Underwriter: | Morgan Stanley & Co. Inc. (lead)
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Pricing date: | Sept. 16
|
Settlement date: | Oct. 1
|
|
Maturity | Type | Coupon | Price
|
2015 | Serial | 3.535% | Par
|
2016 | Serial | 4.003% | Par
|
2017 | Serial | 4.153% | Par
|
2018 | Serial | 4.437% | Par
|
2019 | Serial | 4.537% | Par
|
2020 | Serial | 4.737% | Par
|
2021 | Serial | 4.887% | Par
|
2022 | Serial | 5.037% | Par
|
2023 | Serial | 5.187% | Par
|
2024 | Serial | 5.287% | Par
|
2025 | Serial | 5.437% | Par
|
2030 | Term | 5.837% | Par
|
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