New Issue: San Francisco, Calif., offers up $232.55 million of G.O. bonds in three tranches

By Sheri Kasprzak

New York, June 12 - The City and County of San Francisco sold $232.55 million of series 2013 general obligation bonds, according to a pricing sheet.

The deal included $71.97 million of series 2013A clean and safe neighborhood parks bonds, $31.02 million of series 2013B earthquake and emergency response bonds and $129.56 million of series 2013C road repaving and street safety bonds.

The 2013A bonds are due 2014 to 2033 with 4% to 5% coupons. The 2013B bonds are due 2014 to 2033 with coupons from 4% to 5%. The 2013C bonds are due 2014 to 2033 with coupons from 4% to 5%.

The bonds (Aa1/AA/AA) were sold competitively, but the issuer did not immediately returns calls for the winning bidder Wednesday.

Proceeds will be used to finance the improvement of parks and recreational facilities, earthquake and safety measures and sidewalks and streets.

Issuer:	San Francisco, Calif.
Issue:	Series 2013 general obligation bonds
Amount:	$232.55 million
Type:	Competitive
Ratings:	Moody's: Aa1
	Standard & Poor's: AA
	Fitch: AA
Pricing date:	June 12
Settlement date:	June 20
$71.97 million series 2013A clean and safe neighborhood parks bonds
Amount	Maturity	Type	Coupon	Price
$8,795,000	2014	Serial	4%	103.761
$17.32 million	2015	Serial	5%	109.111
$1.64 million	2016	Serial	5%	112.684
$1,725,000	2017	Serial	5%	115.338
$1.81 million	2018	Serial	5%	117.331
$1.9 million	2019	Serial	5%	118.769
$1,995,000	2020	Serial	5%	119.325
$2,095,000	2021	Serial	5%	119.113
$2.2 million	2022	Serial	5%	117.206
$2.31 million	2023	Serial	5%	116.033
$2,425,000	2024	Serial	5%	114.874
$2,545,000	2025	Serial	5%	113.88
$2,675,000	2026	Serial	5%	112.972
$2.81 million	2027	Serial	5%	112.221
$2.95 million	2028	Serial	5%	111.625
$3,095,000	2029	Serial	4%	100
$3.22 million	2030	Serial	4%	99.147
$3.35 million	2031	Serial	4%	98.36
$3,485,000	2032	Serial	4%	97.528
$3,625,000	2033	Serial	4%	96.655
$31.02 million series 2013B earthquake and emergency response bonds
Amount	Maturity	Type	Coupon	Price
$3,785,000	2014	Serial	4%	103.761
$7,465,000	2015	Serial	5%	109.111
$705,000	2016	Serial	5%	112.684
$745,000	2017	Serial	5%	115.338
$780,000	2018	Serial	5%	117.331
$820,000	2019	Serial	5%	118.769
$860,000	2020	Serial	5%	119.325
$905,000	2021	Serial	5%	119.113
$950,000	2022	Serial	5%	117.206
$995,000	2023	Serial	5%	116.033
$1,045,000	2024	Serial	5%	114.874
$1.1 million	2025	Serial	5%	113.88
$1,155,000	2026	Serial	5%	112.972
$1.21 million	2027	Serial	5%	112.221
$1.27 million	2028	Serial	5%	111.625
$1,335,000	2029	Serial	4%	100
$1.39 million	2030	Serial	4%	99.147
$1,445,000	2031	Serial	4%	98.36
$1.5 million	2032	Serial	4%	97.528
$1.56 million	2033	Serial	4%	96.655
$129.56 million series 2013C road repaving and street safety bonds
Amount	Maturity	Type	Coupon	Price
$15.83 million	2014	Serial	4%	103.761
$31,205,000	2015	Serial	5%	109.111
$2,955,000	2016	Serial	5%	112.684
$3,105,000	2017	Serial	5%	115.338
$3.26 million	2018	Serial	5%	117.331
$3.42 million	2019	Serial	5%	118.769
$3.59 million	2020	Serial	5%	119.325
$3.77 million	2021	Serial	5%	119.113
$3.96 million	2022	Serial	5%	117.206
$4.16 million	2023	Serial	5%	116.033
$4,365,000	2024	Serial	5%	114.874
$4,585,000	2025	Serial	5%	113.88
$4,815,000	2026	Serial	5%	112.972
$5,055,000	2027	Serial	5%	112.221
$5,305,000	2028	Serial	5%	111.625
$5.57 million	2029	Serial	4%	100
$5,795,000	2030	Serial	4%	99.147
$6,025,000	2031	Serial	4%	98.36
$6.27 million	2032	Serial	4%	97.528
$6.52 million	2033	Serial	4%	96.655

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