By Sheri Kasprzak
New York, June 2 - Ventura County, Calif., sold $138.11 million of series 2014-2015 tax and revenue anticipation notes, according to a pricing sheet. The offering was downsized from $140 million.
The notes (MIG 1/SP-1+/) were sold competitively, but the issuer did not immediately return calls for the winning bidder Monday.
The notes are due July 1, 2015 and have a 1.5% coupon priced at 101.373 to yield 0.125%.
Proceeds will be used to finance capital expenditures for the county in the coming fiscal year.
| Issuer: | Ventura County, Calif.
|
| Issue: | Series 2014-2015 tax and revenue anticipation notes
|
| Amount: | $138.11 million
|
| Type: | Competitive
|
| Ratings: | Moody's: MIG 1
|
| Standard & Poor's: SP-1+
|
| Pricing date: | June 2
|
| Settlement date: | July 1
|
|
|
| Maturity | Type | Coupon | Price | Yield
|
| July 1, 2015 | Term | 1.5% | 101.373 | 0.125%
|
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