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Published on 11/27/2012 in the Prospect News Municipals Daily.

New Issue: Wisconsin prices $251.56 million of appropriation refunding bonds

By Sheri Kasprzak

New York, Nov. 27 - The State of Wisconsin sold $251,555,000 of series 2012A general fund annual appropriation refunding bonds, according to a pricing sheet.

The bonds (Aa3/AA-/AA-) were sold through Jefferies & Co. Inc.

The bonds are due 2015 to 2018 and 2027 to 2031 with 0.798% to 4.019% coupons, all priced at par.

Proceeds will be used to refund state's series 2003A general fund annual appropriation bonds.

Issuer:State of Wisconsin
Issue:Series 2012A general fund annual appropriation refunding bonds
Amount:$251,555,000
Type:Negotiated
Underwriter:Jefferies & Co. Inc. (lead)
Ratings:Moody's: Aa3
Standard & Poor's: AA-
Fitch: AA-
Pricing date:Nov. 16
Settlement date:Nov. 29
AmountMaturityTypeCouponPrice
$34,545,0002015Serial0.798%100
$33,895,0002016Serial1.077%100
$32,865,0002017Serial1.317%100
$36,635,0002018Serial1.644%100
$18.11 million2027Serial3.669%100
$23,735,0002028Serial3.769%100
$21.32 million2029Serial3.869%100
$23,835,0002030Serial3.939%100
$26,615,0002031Serial4.019%100

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