Published on 9/29/2015 in the Prospect News Municipals Daily.
New Issue: Broward County School, Fla., sells $125 million short-term notes
By Sheri Kasprzak
New York, Sept. 29 – The Broward County School District of Florida sold $125 million of series 2015 tax anticipation notes, according to a pricing sheet.
The notes (MIG1) were sold competitively.
The notes are due Jan. 29, 2016 and have a 0.75% coupon priced at par.
Proceeds will be used to finance capital expenditures for the district for the coming fiscal year.
| Issuer: | Broward County School District
|
| Issue: | Series 2015 tax anticipation notes
|
| Amount: | $125 million
|
| Maturity: | Jan. 29, 2016
|
| Coupon: | 0.75%
|
| Price: | 100
|
| Type: | Competitive
|
| Rating: | Moody’s: MIG1
|
| Pricing date: | Sept. 29
|
| Settlement date: | Oct. 13
|
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