By Sheri Kasprzak
New York, Feb. 27 - The State of Delaware priced $225 million of series 2014 general obligation bonds, according to a pricing sheet.
The bonds are due 2015 to 2034 with 3% to 5% coupons with 0.14% to 3.606% yields.
The bonds (Aaa/AAA/AAA) were sold competitively, but the issuer did not immediately return calls for the winning bidder.
Proceeds will be used to finance various capital facilities within the state.
| Issuer: | State of Delaware
|
| Issue: | Series 2014 general obligation bonds
|
| Amount: | $225 million
|
| Type: | Competitive
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
| Pricing date: | Feb. 27
|
| Settlement date: | March 6
|
|
|
| Amount | Maturity | Type | Coupon | Price | Yield
|
| $15 million | 2015 | Serial | 5% | 104.787 | 0.14%
|
| $15 million | 2016 | Serial | 5% | 109.488 | 0.21%
|
| $15 million | 2017 | Serial | 5% | 113.64 | 0.40%
|
| $15 million | 2018 | Serial | 5% | 117.046 | 0.66%
|
| $15 million | 2019 | Serial | 5% | 119.677 | 0.95%
|
| $15 million | 2020 | Serial | 5% | 120.857 | 1.36%
|
| $15 million | 2021 | Serial | 5% | 121.577 | 1.71%
|
| $15 million | 2022 | Serial | 5% | 121.711 | 2.04%
|
| $15 million | 2023 | Serial | 5% | 120.241 | 2.22%
|
| $15 million | 2024 | Serial | 4% | 111.564 | 2.40%
|
| $8.6 million | 2025 | Serial | 3% | 101.422 | 2.80%
|
| $8.3 million | 2026 | Serial | 3% | 100 | 3.00%
|
| $8.3 million | 2027 | Serial | 3% | 99.466 | 3.05%
|
| $8.3 million | 2028 | Serial | 3% | 98.648 | 3.12%
|
| $8.3 million | 2029 | Serial | 3.125% | 98.5 | 3.252%
|
| $8.3 million | 2031 | Serial | 4% | 104.449 | 3.36%
|
| $8.3 million | 2032 | Serial | 4% | 103.881 | 3.44%
|
| $8.3 million | 2033 | Serial | 3.5% | 99 | 3.573%
|
| $8.3 million | 2034 | Serial | 3.5% | 98.5 | 3.606%
|
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