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Published on 7/21/2009 in the Prospect News Municipals Daily.

New Issue: Santa Fe Public School District, N.M., sells $80 million in G.O. bonds at 2.58% TIC

By Sheri Kasprzak

New York, July 21 - The Santa Fe Public School District in New Mexico sold $80 million in series 2009 general obligation bonds, said a sellside source.

The bonds were sold competitively with Piper Jaffray & Co. coming in with the winning bid. The true interest cost was 2.58%.

RBC Capital Markets Inc. was the financial adviser.

The bonds are due 2010 to 2019.

Proceeds will be used to construct, renovate, equip, remodel and furnish school buildings.

Issuer:Santa Fe Public School District
Issue:Series 2009 general obligation bonds
Amount:$80 million
Type:Competitive
Underwriter:Piper Jaffray & Co.
TIC:2.58%
Maturities:2010 to 2019
Pricing date:July 21

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