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Published on 12/4/2012 in the Prospect News Municipals Daily.

New Issue: Beloit School District, Wis., sells $57.79 million of G.O. bonds

By Sheri Kasprzak

New York, Dec. 4 - The Beloit School District of Wisconsin priced $57,785,000 of series 2012 general obligation bonds, according to a pricing sheet.

The bonds were sold competitively. The district did not return calls for the winning bidder Tuesday.

The bonds are due 2013 to 2032 with 2% to 3% coupons.

Proceeds will be used to construct additions and make repairs to elementary schools in the district.

Issuer:Beloit School District, Wis.
Issue:Series 2012 general obligation bonds
Amount:$57,785,000
Type:Competitive
Pricing date:Dec. 4
Settlement date:Jan. 7
AmountMaturityTypeCouponPrice
$1,055,0002013Serial3%100.628
$2.36 million2014Serial3%103.132
$2.3 million2015Serial3%105.27
$2.37 million2016Serial3%107.107
$2.44 million2017Serial3%108.528
$2,505,0002018Serial3%109.582
$2,585,0002019Serial3%110.208
$2,665,0002020Serial3%110.028
$2.74 million2021Serial3%109.303
$2.83 million2022Serial3%108.215
$2.91 million2023Serial3%107.482
$2,995,0002024Serial2%97.273
$3.08 million2025Serial2.13%97.358
$3,185,0002026Serial2.25%97.306
$3.29 million2027Serial3%103.571
$3,395,0002028Serial3%102.574
$3.51 million2029Serial3%102.034
$3.69 million2030Serial3%101.498
$3,835,0002031Serial3%100.436
$4,045,0002032Serial3%100.877

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