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Published on 9/5/2008 in the Prospect News Municipals Daily.

New Issue: Eugene School District 4J, Ore., sells $51.128 million G.O. bonds with 3.3% TIC

By Sheri Kasprzak

New York, Sept. 5 - The Eugene School District 4J in Oregon priced $51.128 million in series 2008 general obligation refunding bonds, said a sellside source close to the deal.

The bonds were sold through senior manager Piper Jaffray.

The bonds are due 2009 to 2017 with coupons from 3% to 5% and yields from 1.65% to 3.5%. The true interest cost came in at 3.304494%.

Proceeds will be used to refund the district's series 1999 and 2002 education bonds.

Issuer:Eugene School District 4J
Issue:Series 2008 general obligation refunding bonds
Amount:$51.128 million
Type:Negotiated
TIC:3.304494%
Underwriter:Piper Jaffray
Pricing date:Sept. 4
MaturityTypeCouponYield
2009Serial3%1.65%
2010Serial3%2.07%
2011Serial3%2.40%
2013Serial3.25%2.82%
2013Serial4%2.82%
2014Serial5%3.03%
2014Serial3.25%3.03%
2015Serial5%3.19%
2015Serial3.5%3.19%
2016Serial5%3.34%
2016Serial4%3.34%
2017Serial5%3.50%
2017Serial4%3.50%

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