New Issue: Coastal Carolina University, S.C., prices $54.71 million higher education revenue bonds

By Sheri Kasprzak

New York, Feb. 6 - The Coastal Carolina University of South Carolina sold $54,705,000 of series 2013 higher education revenue bonds, said a pricing sheet.

The bonds (A1//A+) were sold competitively.

The bonds are due 2016 to 2040 with 2.5% to 4% coupons.

Proceeds will be used to finance the acquisition of real property for the construction of student housing.

Issuer:	Coastal Carolina University
Issue:	Series 2013 higher education revenue bonds
Amount:	$54,705,000
Type:	Competitive
Ratings:	Moody's: A1
	Fitch: A+
Pricing date:	Feb. 5
Settlement date:	Feb. 12
Amount	Maturity	Type	Coupon	Price
$1.41 million	2016	Serial	4%	109.721
$1,465,000	2017	Serial	4%	112.019
$1,525,000	2018	Serial	4%	113.79
$1,585,000	2019	Serial	4%	114.785
$1,645,000	2020	Serial	4%	115.359
$1,715,000	2021	Serial	4%	115.227
$1.78 million	2022	Serial	4%	115.52
$1,855,000	2023	Serial	4%	113.712
$1,925,000	2024	Serial	2.5%	99.9
$1,975,000	2025	Serial	2.5%	98.432
$2,025,000	2026	Serial	2.75%	99.445
$4.22 million	2028	Serial	3%	100
$2,205,000	2029	Serial	3%	99.358
$2,275,000	2030	Serial	3%	98.665
$2.34 million	2031	Serial	3%	97.922
$2.41 million	2032	Serial	3.125%	98.923
$2,485,000	2033	Serial	3.25%	100
$2.57 million	2034	Serial	3.25%	99.236
$2.65 million	2035	Serial	3.25%	98.434
$2,735,000	2036	Serial	3.3%	98.396
$2.83 million	2037	Serial	3.375%	98.769
$2,925,000	2038	Serial	3.5%	100
$3,025,000	2039	Serial	3.5%	99.5
$3.13 million	2040	Serial	3.5%	99.25

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