By Sheri Kasprzak
New York, Feb. 2 - The Santa Fe Public School District of New Mexico sold $50 million of series 2011 general obligation bonds on Wednesday, said a term sheet.
The bonds were sold competitively.
The bonds are due 2011 to 2020 with coupons from 2% to 4%.
Proceeds will be used to construct, remodel, add and furnish school buildings, as well as to purchase and improve school grounds and equipment.
| Issuer: | Santa Fe Public School District
|
| Issue: | Series 2011 general obligation bonds
|
| Amount: | $50 million
|
| Type: | Competitive
|
| Pricing date: | Feb. 2
|
| Settlement date: | March 10
|
|
|
| Maturity | Type | Coupon | Price
|
| 2011 | Serial | 2% | NRO
|
| 2012 | Serial | 3% | NRO
|
| 2013 | Serial | 4% | 107.071
|
| 2014 | Serial | 4% | 108.79
|
| 2015 | Serial | 4% | 109.425
|
| 2016 | Serial | 4% | 109.903
|
| 2017 | Serial | 4% | 109.426
|
| 2018 | Serial | 4% | NRO
|
| 2019 | Serial | 3% | 100
|
| 2020 | Serial | 3.25% | 100
|
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