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Oxford Community Schools, Mich., plans $71.03 million of G.O. bonds
By Sheri Kasprzak
New York, July 13 – Oxford Community Schools of Michigan is scheduled to price $71,025,000 of series 2015 general obligation bonds on Thursday, according to a preliminary official statement.
The deal includes $26,915,000 of series 2015A unlimited tax G.O. bonds and $44.11 million of series 2015B taxable unlimited tax G.O. bonds.
The bonds will be sold through Stifel, Nicolaus & Co. and Fifth Third Securities Inc.
The 2015A bonds are due 2016 to 2025, and the 2015B bonds are due 2017 to 2024.
Proceeds will be used to refund all or a portion of the district’s series 2004 and 2005 G.O. refunding bonds.
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