By Sheri Kasprzak
New York, June 22 - The Commonwealth of Massachusetts sold $250.45 million in series 2010B consolidated general obligation bonds on Tuesday, according to a pricing sheet.
The bonds were sold through lead manager Bank of America Merrill Lynch.
The co-managers were Citigroup Global Markets Inc.; Fidelity Capital Markets Services Inc.; J.P. Morgan Securities Inc.; Morgan Stanley & Co. Inc.; BB&T Capital Markets Inc.; Barclays Capital Inc.; Cabrera Capital Markets Inc.; Eastern Bank Capital Markets Inc.; Edward Jones & Co.; Goldman, Sachs & Co.; Jackson Securities Inc.; Janney Montgomery Scott LLC; Jefferies & Co.; KeyBanc Capital Markets LLC; Loop Capital Markets LLC; Morgan Keegan & Co. Inc.; M.R. Beal & Co. Inc.; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Prager, Sealy & Co.; Ramirez & Co. Inc.; RBC Capital Markets Corp.; Raymond James & Associates Inc.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; and Stone & Youngberg.
The bonds are due 2011 to 2020 with coupons from 2% to 5%.
Proceeds will be used to finance capital projects.
| Issuer: | Commonwealth of Massachusetts
|
| Issue: | Series 2010B consolidated general obligation bonds
|
| Amount: | $250.45 million
|
| Type: | Negotiated
|
| Underwriters: | Bank of America Merrill Lynch (lead); Citigroup Global Markets Inc.; Fidelity Capital Markets Services Inc.; J.P. Morgan Securities Inc.; Morgan Stanley & Co. Inc.; BB&T Capital Markets Inc.; Barclays Capital Inc.; Cabrera Capital Markets Inc.; Eastern Bank Capital Markets Inc.; Edward Jones & Co.; Goldman, Sachs & Co.; Jackson Securities Inc.; Janney Montgomery Scott LLC; Jefferies & Co.; KeyBanc Capital Markets LLC; Loop Capital Markets LLC; Morgan Keegan & Co. Inc.; M.R. Beal & Co. Inc.; Oppenheimer & Co. Inc.; Piper Jaffray & Co.; Prager, Sealy & Co.; Ramirez & Co. Inc.; RBC Capital Markets Corp.; Raymond James & Associates Inc.; Roosevelt & Cross Inc.; Siebert Brandford Shank & Co. LLC; and Stone & Youngberg (co-managers)
|
| Pricing date: | June 22
|
| Settlement date: | June 29
|
|
|
| Maturity | Type | Coupon | Price
|
| 2011 | Serial | 2% | 101.485
|
| 2012 | Serial | 2% | 102.342
|
| 2012 | Serial | 4% | 106.15
|
| 2013 | Serial | 2% | 102.435
|
| 2013 | Serial | 4% | 108.166
|
| 2014 | Serial | 2% | 101.858
|
| 2014 | Serial | 3% | 105.652
|
| 2014 | Serial | 4% | 109.447
|
| 2015 | Serial | 2% | 100.654
|
| 2015 | Serial | 3% | 105.337
|
| 2015 | Serial | 4% | 110.02
|
| 2016 | Serial | 2.5% | 101.045
|
| 2016 | Serial | 4% | 109.302
|
| 2017 | Serial | 3% | 102.39
|
| 2017 | Serial | 5% | 114.975
|
| 2018 | Serial | 3% | 100.984
|
| 2018 | Serial | 4% | 108.028
|
| 2018 | Serial | 5% | 115.071
|
| 2019 | Serial | 3.25% | 101.393
|
| 2019 | Serial | 5% | 114.96
|
| 2020 | Serial | 3.25% | 100.251
|
| 2020 | Serial | 5% | 115.013
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
