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Published on 3/19/2013 in the Prospect News Municipals Daily.

New Issue: Oklahoma City brings $90 million of general obligation bonds

By Sheri Kasprzak

New York, March 19 - The City of Oklahoma City priced $90 million of series 2013 general obligation bonds, according to a pricing sheet.

The bonds (Aaa/AAA/) were sold competitively. The issuer did not immediately return calls for the winning bidder.

The bonds are due 2015 to 2033 with 2.5% to 4% coupons.

Proceeds will be used to finance public improvement projects.

Issuer:City of Oklahoma City, Okla.
Issue:Series 2013 general obligation bonds
Amount:$90 million
Type:Competitive
Ratings:Moody's: Aaa
Standard & Poor's: AAA
Pricing date:March 19
Settlement date:April 30
AmountMaturityTypeCouponPrice
$4.74 million2015Serial4%106.578
$4.74 million2016Serial4%109.843
$4.74 million2017Serial4%112.671
$4.74 million2018Serial4%114.637
$4.74 million2019Serial4%115.857
$4.74 million2020Serial4%116.679
$4.74 million2021Serial4%116.965
$4.74 million2022Serial4%117.183
$4.74 million2023Serial4%116.996
$4.74 million2024Serial4%114.412
$4.74 million2025Serial2.5%99.49
$4.74 million2026Serial2.75%99.461
$9.48 million2028Serial3%100
$4.74 million2029Serial3%99.373
$4.74 million2030Serial3%98.693
$4.74 million2031Serial3%97.962
$4.74 million2032Serial3.2%100
$4.68 million2033Serial3.25%100

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