By Sheri Kasprzak
New York, April 7 – The California Housing Finance Agency sold $174.18 million of series 2015A taxable bonds, said a pricing sheet.
The bonds (A1/AA+/) were sold through J.P. Morgan Securities LLC.
The bonds are due in 2020, 2022, 2025 and 2030. The 2020 bonds have a 2.379% coupon, the 2022 bonds have a 2.966% coupon, the 2025 bonds have a 3.65% coupon, and the 2030 bonds have a 4.05% coupon, all priced at par.
Proceeds will be used to refund existing debt.
| Issuer: | California Housing Finance Agency
|
| Issue: | Series 2015A taxable multifamily mortgage bonds
|
| Amount: | $174.18 million
|
| Type: | Negotiated
|
| Underwriter: | J.P. Morgan Securities LLC
|
| Ratings: | Moody’s: A1
|
| Standard & Poor’s: AA+
|
| Pricing date: | April 7
|
| Settlement date: | April 14
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $15.6 million | 2020 | Term | 2.379% | 100
|
| $31.72 million | 2022 | Term | 2.966% | 100
|
| $98.58 million | 2025 | Term | 3.65% | 100
|
| $28.28 million | 2030 | Term | 4.05% | 100
|
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