Published on 6/26/2012 in the Prospect News Municipals Daily.
New Issue: El Paso County, Texas, prices $97.19 million certificates of obligation
By Sheri Kasprzak
New York, June 26 - El Paso County, Texas, sold $97.19 million of series 2012 certificates of obligation, according to a pricing sheet.
The bonds (//AA) were sold through Ramirez & Co. Inc.
The bonds are due 2013 to 2032 with 2% to 5% coupons.
Proceeds will be used to fund various public infrastructure and facility projects and procure technology and vehicles.
| Issuer: | El Paso County, Texas
|
| Issue: | Series 2012 certificates of obligation
|
| Amount: | $97.19 million
|
| Type: | Negotiated
|
| Underwriters: | Ramirez & Co. Inc. (lead)
|
| Ratings: | Fitch: AA
|
| Pricing date: | June 26
|
| Settlement date: | July 1
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $2.58 million | 2013 | Serial | 2% | NRO
|
| $2.6 million | 2014 | Serial | 2.5% | 103.133
|
| $2,675,000 | 2015 | Serial | 3% | 105.727
|
| $2.77 million | 2016 | Serial | 4% | 110.62
|
| $2,885,000 | 2017 | Serial | 4% | 112.427
|
| $3 million | 2018 | Serial | 3% | 107.715
|
| $3.11 million | 2019 | Serial | 4.5% | 116.266
|
| $3,235,000 | 2020 | Serial | 5% | 120.209
|
| $3,385,000 | 2021 | Serial | 4% | 113.16
|
| $3.53 million | 2022 | Serial | 5% | 119.527
|
| $5.29 million | 2023 | Serial | 5% | 117.75
|
| $5,555,000 | 2024 | Serial | 5% | 110.696
|
| $175,000 | 2024 | Serial | 5% | 116.086
|
| $5,835,000 | 2025 | Serial | 5% | 110.105
|
| $175,000 | 2025 | Serial | 5% | 114.857
|
| $6.12 million | 2026 | Serial | 5% | 109.608
|
| $335,000 | 2026 | Serial | 5% | 114.127
|
| $6.49 million | 2027 | Serial | 5% | 113.483
|
| $6,755,000 | 2028 | Serial | 5% | 112.843
|
| $7.09 million | 2029 | Serial | 5% | 112.445
|
| $7,505,000 | 2030 | Serial | 5% | 112.048
|
| $7.82 million | 2031 | Serial | 5% | 111.497
|
| $8,275,000 | 2032 | Serial | 5% | 110.948
|
© 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.
