New Issue: Ventura County, Calif., hits market with $177.64 million TRANs offering

By Sheri Kasprzak

New York, June 9 – Ventura County, Calif., priced $177,635,000 of series 2016-17 tax and revenue anticipation notes, according to a pricing sheet.

The notes (MIG 1/SP-1+) were sold competitively.

The notes are due July 1, 2017 and have a 2% coupon priced at 101.341 to yield 0.65%.

Proceeds will be used to finance capital expenditures.

Issuer:	Ventura County, Calif.
Issue:	Series 2016-17 tax and revenue anticipation notes
Amount:	$177,635,000
Maturity:	July 1, 2017
Coupon:	2%
Price:	101.341
Yield:	0.65%
Type:	Competitive
Ratings:	Moody’s: MIG 1
	S&P: SP-1+
Pricing date:	June 9
Settlement date:	July 1

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