E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 11/29/2011 in the Prospect News Municipals Daily.

New Issue: Colorado brings $146.8 million of Building Excellent Schools Today COPs

By Sheri Kasprzak

New York, Nov. 29 - The State of Colorado priced $146.8 million of series 2011G Building Excellent Schools Today certificates of participation, according to a pricing sheet.

The COPs (Aa2) were sold through RBC Capital Markets LLC.

The certificates are due 2012 to 2030 with a term bond due in 2032. The serial coupons range from 1% to 5%.

Proceeds will be used to finance school construction projects.

Issuers:State of Colorado
Issue:Series 2011G Building Excellent Schools Today certificates of participation
Amount:$146.8 million
Type:Negotiated
Underwriter:RBC Capital Markets LLC
Rating:Moody's: Aa2
Pricing date:Nov. 29
Settlement date:Dec. 8
MaturityTypeCoupon
2012Serial1%
2013Serial4%
2014Serial2%
2014Serial5%
2015Serial2%
2015Serial5%
2016Serial2%
2016Serial5%
2017Serial2%
2017Serial5%
2018Serial2%
2018Serial5%
2019Serial5%
2020Serial2.625%
2020Serial5%
2021Serial5%
2022Serial3%
2022Serial5%
2023Serial3.125%
2023Serial4.25%
2024Serial5%
2025Serial5%
2026Serial3.75%
2026Serial5%
2027Serial5%
2028Serial5%
2029Serial4%
2029Serial5%
2030Serial4.125%
2030Serial5%
2032Term5%

© 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.