Published on 1/14/2014 in the Prospect News Municipals Daily.
New Issue: Calhoun County Independent School, Texas, offers $70.13 million bonds
By Sheri Kasprzak
New York, Jan. 14 - The Calhoun County Independent School District of Texas priced $70,125,000 of series 2014 unlimited tax school building and refunding bonds, according to a pricing sheet.
The bonds (/AAA/) were sold competitively.
The bonds are due 2015 to 2024 with 2% to 4% coupons and 0.17% to 2.9% yields.
Proceeds will be used to finance the construction and renovation of school buildings in the district as well as to refund existing debt.
Issuer: | Calhoun County Independent School District, Texas
|
Issue: | Series 2014 unlimited tax school building and refunding bonds
|
Amount: | $70,125,000
|
Type: | Competitive
|
Rating: | Standard & Poor's: AAA
|
Pricing date: | Jan. 14
|
Settlement date: | Feb. 18
|
|
Amount | Maturity | Type | Coupon | Price | Yield
|
$5.09 million | 2015 | Serial | 2% | 101.812 | 0.17%
|
$6,315,000 | 2016 | Serial | 3% | 105.193 | 0.38%
|
$6,505,000 | 2017 | Serial | 3% | 107.197 | 0.57%
|
$6,705,000 | 2018 | Serial | 3% | 108.215 | 0.90%
|
$6,945,000 | 2019 | Serial | 4% | 113.267 | 1.25%
|
$7.23 million | 2020 | Serial | 4% | 110.709 | 1.75%
|
$7,485,000 | 2021 | Serial | 3% | 104.002 | 2.15%
|
$7,715,000 | 2022 | Serial | 3% | 102.332 | 2.50%
|
$7,945,000 | 2023 | Serial | 3% | 101.392 | 2.70%
|
$8.19 million | 2024 | Serial | 3% | 100.461 | 2.90%
|
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