Published on 11/23/2011 in the Prospect News Municipals Daily.
New Issue: State Environmental Improvement, Mo., prices $106.83 million bonds
By Sheri Kasprzak
New York, Nov. 23 - The State Environmental Improvement and Energy Resources Authority of Missouri priced $106.83 million of series 2011A water pollution control and drinking water revenue refunding bonds, according to a pricing sheet.
The bonds were sold through Bank of America Merrill Lynch with George K. Baum & Co., Wells Fargo Securities LLC, J.P. Morgan Securities LLC, Oppenheimer & Co. Inc., Piper Jaffray & Co., Rice Financial Products Co. and Siebert Brandford Shank & Co. LLC as the co-managers.
The bonds are due 2012 to 2025 with 2% to 5% coupons.
Proceeds will be used to refund existing debt.
Issuer: | State Environmental Improvement and Energy Resources Authority
|
Issue: | Series 2011A water pollution control and drinking water revenue refunding bonds
|
Amount: | $106.83 million
|
Type: | Negotiated
|
Underwriters: | Bank of America Merrill Lynch (lead), George K. Baum & Co., Wells Fargo Securities LLC, J.P. Morgan Securities LLC, Oppenheimer & Co. Inc., Piper Jaffray & Co., Rice Financial Products Co. and Siebert Brandford Shank & Co. LLC (co-managers)
|
Pricing date: | Nov. 17
|
Settlement date: | Nov. 30
|
|
Amount | Maturity | Type | Coupon | Price
|
$2.18 million | 2012 | Serial | 2% | 100
|
$1.375 million | 2012 | Serial | 2% | 100
|
$100,000 | 2013 | Serial | 2% | 101.841
|
$1.895 million | 2013 | Serial | 4% | 105.702
|
$2.905 million | 2014 | Serial | 5% | 111.137
|
$1.525 million | 2015 | Serial | 2% | 103.8
|
$1.57 million | 2015 | Serial | 4% | 109.638
|
$1.35 million | 2016 | Serial | 2% | 103.911
|
$675,000 | 2016 | Serial | 3% | 107.903
|
$3.43 million | 2016 | Serial | 5% | 117.198
|
$530,000 | 2017 | Serial | 2% | 103.212
|
$590,000 | 2017 | Serial | 5% | 119.277
|
$3.075 million | 2017 | Serial | 5% | 117.989
|
$2.825 million | 2018 | Serial | 4% | 114.238
|
$2.04 million | 2018 | Serial | 5% | 121.032
|
$610,000 | 2019 | Serial | 3% | 107.948
|
$2.165 million | 2019 | Serial | 5% | 121.802
|
$2.495 million | 2020 | Serial | 2.5% | 102.967
|
$7.8 million | 2020 | Serial | 5% | 121.96
|
$770,000 | 2021 | Serial | 3% | 105.813
|
$8.235 million | 2021 | Serial | 5% | 122.574
|
$1.52 million | 2021 | Serial | 5% | 122.913
|
$2.755 million | 2022 | Serial | 3% | 104.522
|
$12.085 million | 2022 | Serial | 5% | 123.065
|
$14.15 million | 2023 | Serial | 5% | 121.17
|
$1.055 million | 2023 | Serial | 5% | 120.579
|
$16.415 million | 2024 | Serial | 5% | 119.406
|
$310,000 | 2024 | Serial | 5% | 118.922
|
$10.4 million | 2025 | Serial | 5% | 117.578
|
© 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.