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Fort Mill School Facilities, S.C., plans $60.58 million refunding deal
By Sheri Kasprzak
New York, May 13 – The Fort Mill School Facilities Corp. of South Carolina is set to price $60.58 million of series 2015 installment purchase revenue refunding bonds, according to a preliminary official statement.
The bonds (Aa3/A+/) will be sold on a negotiated basis with Piper Jaffray & Co. as the lead manager and with BofA Merrill Lynch and PNC Capital Markets LLC as the co-managers.
The bonds are due 2015 to 2030.
Proceeds will be used to refund the corporation’s series 2006 bonds, which were issued to construct, repair and improve educational facilities for the Fort Mill School District No. 4 of York County, S.C.
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