By Sheri Kasprzak
New York, Nov. 10 - The South Dakota Health and Educational Facilities Authority priced $50.46 million of series 2011 revenue bonds for Regional Health Obligated Group, said a pricing sheet.
The bonds (A1) were sold through Piper Jaffray & Co.
The bonds are due 2012 to 2025 with 2% to 5% coupons.
Proceeds will be used to fund a loan to the obligated group for the construction, acquisition, renovation and remodeling of Regional Health facilities and to refund existing debt.
| Issuer: | South Dakota Health and Educational Facilities Authority/Regional Health Obligated Group
|
| Issue: | Series 2011 revenue bonds
|
| Amount: | $50.46 million
|
| Type: | Negotiated
|
| Underwriter: | Piper Jaffray & Co.
|
| Rating: | Moody's: A1
|
| Pricing date: | Nov. 10
|
| Settlement date: | Nov. 22
|
|
|
| Amount | Maturity | Type | Coupon | Price
|
| $2.73 million | 2012 | Serial | 2% | 100.808
|
| $2.81 million | 2013 | Serial | 4% | 104.865
|
| $2.94 million | 2014 | Serial | 5% | 109.218
|
| $3.085 million | 2015 | Serial | 5% | 110.545
|
| $3.245 million | 2016 | Serial | 5% | 111.756
|
| $3.405 million | 2017 | Serial | 5% | 112.446
|
| $3.575 million | 2018 | Serial | 5% | 112.174
|
| $3.755 million | 2019 | Serial | 5% | 111.714
|
| $3.95 million | 2020 | Serial | 5% | 110.607
|
| $4.165 million | 2021 | Serial | 5% | 110.607
|
| $4.365 million | 2022 | Serial | 5% | 107.87
|
| $4.575 million | 2023 | Serial | 5% | 106.722
|
| $4.79 million | 2024 | Serial | 4.25% | 98.829
|
| $3.07 million | 2025 | Serial | 5% | 104.692
|
© 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.
