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Published on 8/13/2012 in the Prospect News Municipals Daily.

New Issue: Washington sells $81.18 million of COPs

By Sheri Kasprzak

New York, Aug. 13 - The state of Washington priced $81.18 million of series 2012B certificates of participation, according to a pricing sheet.

The bonds (Aa2) were sold competitively.

The bonds are due 2013 to 2032 with 3% to 5% coupons.

Proceeds will be used to acquire real and personal property and construct projects for state community and technical colleges.

Issuer:State of Washington
Issue:Series 2012B certificates of participation
Amount:$81.18 million
Type:Competitive
Rating:Moody's: Aa2
Pricing date:Aug. 2
Settlement date:Aug. 23
AmountMaturityTypeCouponPrice
$5,315,0002013Serial3%102.113
$5.51 million2014Serial3%104.27
$5,485,0002015Serial4%108.956
$5,505,0002016Serial4%111.518
$3.77 million2017Serial4.5%115.774
$3.43 million2018Serial4.5%117.306
$3.19 million2019Serial5%121.411
$3.29 million2020Serial5%122.438
$3.34 million2021Serial5%123.32
$3.45 million2022Serial5%124.183
$3,185,0002023Serial5%122.991
$3,355,0002024Serial5%122.008
$3.44 million2025Serial5%121.034
$3.62 million2026Serial5%120.07
$3,805,0002027Serial5%119.305
$3,965,0002028Serial4%108.031
$4,125,0002029Serial4%107.413
$4.29 million2030Serial4%106.8
$4.47 million2031Serial4%106.278
$4.64 million2032Serial4%105.758

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