By Sheri Kasprzak
New York, March 27 - The City of Oklahoma City priced $50.04 million of series 2012 general obligation bonds, said a pricing sheet.
The bonds (Aaa/AAA/) were sold competitively. The issuer did not return calls Tuesday for the winning bidder.
The bonds are due 2015 to 2032 with 4% to 5% coupons.
Proceeds will be used to finance the construction, reconstruction, improvement, widening and repair of certain city streets; construction, improvement and repair of city bridges; construction and installation of traffic control improvements; improvement of parks, playgrounds, community centers, swimming pools, piers, public docks, gymnasiums and other parks and recreation facilities; and the construction of fire stations, fire training facilities and other fire department facilities, as well as new police facilities.
Issuer: | City of Oklahoma City, Okla.
|
Issue: | Series 2012 general obligation bonds
|
Amount: | $50,040,000
|
Type: | Competitive
|
Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
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Pricing date: | March 27
|
Settlement date: | May 16
|
|
Amount | Maturity | Type | Coupon | Price/Yield
|
$2.78 million | 2015 | Serial | 5% | 112.073
|
$2.78 million | 2016 | Serial | 5% | 115.127
|
$2.78 million | 2017 | Serial | 4% | 113.398
|
$2.78 million | 2018 | Serial | 4% | 114.174
|
$2.78 million | 2019 | Serial | 5% | 121.294
|
$2.78 million | 2020 | Serial | 5% | 122.35
|
$2.78 million | 2021 | Serial | 5% | 123.076
|
$2.78 million | 2022 | Serial | 4% | 114.92
|
$2.78 million | 2023 | Serial | 4% | 2.55%
|
$2.78 million | 2024 | Serial | 4% | 2.71%
|
$2.78 million | 2025 | Serial | 4% | 2.9%
|
$2.78 million | 2026 | Serial | 4% | 3.06%
|
$2.78 million | 2027 | Serial | 5% | 2.82%
|
$2.78 million | 2028 | Serial | 5% | 2.9%
|
$2.78 million | 2029 | Serial | 5% | 2.97%
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$2.78 million | 2030 | Serial | 5% | 3.04%
|
$2.78 million | 2031 | Serial | 5% | 3.1%
|
$2.74 million | 2032 | Serial | 5% | 3.16%
|
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