By Sheri Kasprzak
New York, Oct. 17 – The Maine State Housing Authority priced $55 million of series 2014D taxable mortgage purchase bonds, according to an official statement.
The bonds (Aa1/VMIG1/AA+/A-1+/) were sold through RBC Capital Markets LLC.
The bonds are due Nov. 15, 2039 and initially bear interest at the weekly rate.
Proceeds will be used to refund existing mortgage purchase bonds.
Issuer: | Maine State Housing Authority
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Issue: | Series 2014D taxable mortgage purchase bonds
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Amount: | $55 million
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Maturity: | Nov. 15, 2039
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Coupon: | Weekly
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Price: | 100
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Type: | Negotiated
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Underwriter: | RBC Capital Markets LLC
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Ratings: | Moody’s: Aa1/VMIG1
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| Standard & Poor’s: AA+/A-1+
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Pricing date: | Oct. 17
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Settlement date: | Oct. 23
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