By Sheri Kasprzak
New York, Dec. 6 - The State of Wisconsin sold Tuesday $138.26 million of series 2011C general obligation bonds, said a pricing sheet.
The bonds were sold competitively with J.P. Morgan Securities LLC winning the bid. The true interest cost came in at 3.776684%, said David Erdman with the Wisconsin Department of Administration Capital Finance Office.
Proceeds will be used to fund various government needs.
| Issuer: | State of Wisconsin
|
| Issue: | Series 2011C general obligation bonds
|
| Amount: | $138.26 million
|
| Type: | Competitive
|
| Underwriter: | J.P. Morgan Securities LLC (winner)
|
| TIC: | 3.776684%
|
| Pricing date: | Dec. 6
|
| Settlement date: | Dec. 22
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $10.705 million | 2023 | Serial | 5% | 123.802
|
| $11.235 million | 2024 | Serial | 5% | 123.553
|
| $11.8 million | 2025 | Serial | 5% | 122.867
|
| $12.385 million | 2026 | Serial | 4% | 106.768
|
| $12.885 million | 2027 | Serial | 3.5% | 98.824
|
| $13.53 million | 2028 | Serial | 4% | 104.278
|
| $14.14 million | 2029 | Serial | 4.5% | 112.228
|
| $14.845 million | 2030 | Serial | 4.5% | 110.869
|
| $15.585 million | 2031 | Serial | 4% | 100.668
|
| $21.15 million | 2032 | Serial | 4% | 99.307
|
© 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.
