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Published on 8/29/2012 in the Prospect News Municipals Daily.

New Issue: Ohlone Community College District, Calif., sells $94.07 million G.O.s

By Sheri Kasprzak

New York, Aug. 29 - The Ohlone Community College District of California priced $94.07 million of series 2012 general obligation refunding bonds, according to a pricing sheet.

The bonds (Aa2) were sold through Piper Jaffray & Co.

The bonds are due 2013 to 2028 with a term bond due in 2030. The serial coupons range from 1.5% to 5%. The 2030 bonds have a 3.5% coupon priced at 99.209.

Proceeds will be used to refund existing G.O. bonds.

Issuer:Ohlone Community College District, Calif.
Issue:Series 2012 general obligation refunding bonds
Amount:$94.07 million
Type:Negotiated
Underwriters:Piper Jaffray & Co.
Rating:Moody's: Aa2
Pricing date:Aug. 29
Settlement date:Sept. 25
AmountMaturityTypeCouponPrice
$1.14 million2013Serial2%101.484
$100,0002014Serial2%102.964
$100,0002015Serial2%104.181
$100,0002016Serial1.5%103.187
$100,0002017Serial1.5%102.84
$100,0002018Serial2%104.563
$100,0002019Serial2%103.11
$3.84 million2020Serial4%116.195
$4.43 million2021Serial4%115.97
$5.05 million2022Serial5%125.074
$5,945,0002023Serial5%123.276
$6.51 million2024Serial5%121.607
$1,375,0002025Serial4.5%115.1
$5.94 million2025Serial5%120.348
$2.1 million2026Serial4.5%113.988
$6.08 million2026Serial5%119.581
$11,175,0002027Serial5%118.442
$2 million2028Serial4%109.273
$10.23 million2028Serial5%117.783
$27,655,0002030Term3.5%99.209

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