New Issue: Springfield, Mo., prices $523.77 million public utility bonds

By Sheri Kasprzak

New York, May 20 – The City of Springfield, Mo., sold $523.77 million of series 2015 public utility refunding revenue bonds, according to a pricing sheet.

The bonds (/AA+/AA) were sold competitively.

The bonds are due 2015 to 2036 with 3.25% to 5% coupons.

Proceeds will be used to refund the city’s series 2006 public utility revenue bonds.

Issuer:	Springfield, Mo.
Issue:	Series 2015 public utility refunding revenue bonds
Amount:	$523.77 million
Type:	Competitive
Ratings:	Standard & Poor’s: AA+
	Fitch: AA
Pricing date:	May 20
Settlement date:	June 18
Amount	Maturity	Type	Coupon	Price
$1.81 million	2015	Serial	5%	100.579
$13.19 million	2016	Serial	5%	105.341
$14,495,000	2017	Serial	5%	109.141
$15.87 million	2018	Serial	5%	111.274
$17.33 million	2019	Serial	5%	113.801
$18,305,000	2020	Serial	5%	115.953
$19.22 million	2021	Serial	5%	117.322
$20,185,000	2022	Serial	5%	118.646
$21,195,000	2023	Serial	5%	119.319
$22,255,000	2024	Serial	5%	120
$23,365,000	2025	Serial	5%	120.244
$24,535,000	2026	Serial	5%	118.975
$25.76 million	2027	Serial	3.25%	100.34
$27.05 million	2028	Serial	3.5%	100.932
$28.13 million	2029	Serial	3.6%	100.503
$29,255,000	2030	Serial	3.375%	98.309
$30,425,000	2031	Serial	4%	103.106
$31,645,000	2032	Serial	4%	102.594
$32.91 million	2033	Serial	4%	102.255
$34,225,000	2034	Serial	4%	101.916
$35,595,000	2035	Serial	4%	101.579
$37.02 million	2036	Serial	4%	101.243

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