By Sheri Kasprzak
New York, Aug. 26 – The Charleston County School District of South Carolina priced $67.6 million of series 2014 tax anticipation notes, according to a pricing sheet.
The notes (MIG1) were sold competitively. The issuer did not immediately respond to requests for the winning bidder.
The notes are due April 1, 2015 and have a 1.25% coupon priced at 100.669.
Proceeds will be used to finance operational expenditures for the district during the 2014-2015 fiscal year ahead of the collection of ad valorem taxes and state funds.
| Issuer: | Charleston County School District
|
| Issue: | Series 2014 tax anticipation notes
|
| Amount: | $67.6 million
|
| Maturity: | April 1, 2015
|
| Coupon: | 1.25%
|
| Price: | 100.669
|
| Type: | Competitive
|
| Rating: | Moody’s: MIG1
|
| Pricing date: | Aug. 26
|
| Settlement date: | Sept. 4
|
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