By Sheri Kasprzak
New York, Nov. 19 - The Clear Creek Independent School District of Texas priced $144.47 million of series 2013 unlimited tax school building bonds, according to a pricing sheet.
The bonds (/AA/) were sold through Wells Fargo Securities LLC.
The bonds are due 2032, 2035 and 2038. The 2032 bonds have a 3% coupon priced at 105.427 to yield 1.98%, and the 2035 bonds have a 3% coupon priced at 106.228 to yield 1.25%. The 2038 bonds have a 2% coupon priced at 102.132 to yield 0.7%.
Proceeds will be used to finance the construction, equipment, acquisition and design of school facilities within the district.
| Issuer: | Clear Creek Independent School District
|
| Issue: | Series 2013 unlimited tax school building bonds
|
| Amount: | $144.47 million
|
| Type: | Negotiated
|
| Underwriter: | Wells Fargo Securities LLC
|
| Rating: | Standard & Poor's: AA
|
| Pricing date: | Nov. 19
|
| Settlement date: | Dec. 19
|
|
|
| Amount | Maturity | Type | Coupon | Price | Yield
|
| $47.82 million | 2032 | Term | 3% | 105.427 | 1.98%
|
| $47.4 million | 2035 | Term | 3% | 106.228 | 1.25%
|
| $49.25 million | 2038 | Term | 2% | 102.132 | 0.7%
|
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