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Published on 9/22/2011 in the Prospect News Municipals Daily.

New Issue: Wisconsin prices $250 million of G.O. refunding bonds

By Sheri Kasprzak

New York, Sept. 22 - The State of Wisconsin priced $250 million of series 2011-2 general obligation refunding bonds Thursday, according to a partial term sheet.

The bonds were sold through Jefferies & Co. and Siebert Brandford Shank & Co. LLC. The co-managers were Baird & Co. Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Ramirez & Co. Inc.

The bonds are due 2013 to 2022 with 3% to 5% coupons.

Proceeds will be used to current and advance refunding existing G.O. bonds.

Issuer:State of Wisconsin
Issue:Series 2011-2 general obligation refunding bonds
Amount:$250 million
Type:Negotiated
Underwriters:Jefferies & Co. and Siebert Brandford Shank & Co. LLC (lead), Baird & Co. Inc., Barclays Capital Inc., J.P. Morgan Securities LLC and Ramirez & Co. Inc. (co-managers)
Pricing date:Sept. 22
Settlement date:Oct. 13
MaturityTypeCoupon
2013Serial3%
2014Serial4%
2015Serial4%
2016Serial4%
2017Serial4%
2017Serial5%
2018Serial5%
2019Serial5%
2020Serial5%
2021Serial4%
2021Serial5%
2022Serial5%

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