By Sheri Kasprzak
New York, April 19 - The Kentucky Housing Corp. sold $107.86 million of series 2013 housing revenue bonds, according to a pricing sheet.
The deal included $52.94 million series 2013A taxable bonds and $54.92 million of series 2013B bonds.
The 2013A bonds are due Nov. 1, 2041, and have a 3% coupon priced at par. The 2013B bonds are due Nov. 1, 2041, and have a 3% coupon priced at par.
The bonds (Aaa/AAA/) were sold through Citigroup Global Markets Inc. and BofA Merrill Lynch.
Proceeds will be used to refund outstanding debt.
| Issuer: | Kentucky Housing Corp.
|
| Issue: | Series 2013 housing revenue bonds
|
| Amount: | $107.86 million
|
| Type: | Negotiated
|
| Underwriters: | Citigroup Global Markets Inc. and BofA Merrill Lynch (lead)
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Pricing date: | April 18
|
| Settlement date: | April 30
|
|
|
| $52.94 million series 2013A taxable bonds
|
| Maturity | Type | Coupon | Price
|
| Nov. 1, 2041 | Term | 3% | 100
|
|
|
| $54.92 million series 2013B bonds
|
| Maturity | Type | Coupon | Price
|
| Nov. 1, 2041 | Term | 3% | 100
|
© 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.
