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