CALIFORNIA
Capistrano Unified School District Community Facilities District No. 98-2 (Ladera)
Jul 16, 2015 . . . . . . $87,480,000
2015 Suboridinate Special Tax Refunding Bonds (book entry).
Dated Jul 30, 2015.
Due Sep 1, 2016 to 2029.
Callable Sep 1, 2019 at par.
Winning bid: Morgan Stanley, at 103.2606, TIC 3.3496%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $3,400,000 | 5.00% | 0.75% | BAM | |
| 9/1/17 | $4,030,000 | 5.00% | 1.10% | BAM | |
| 9/1/18 | $4,390,000 | 5.00% | 1.52% | BAM | |
| 9/1/19 | $4,760,000 | 5.00% | 1.77% | BAM | |
| 9/1/20 | $5,160,000 | 5.00% | 1.93% | BAM | |
| 9/1/21 | $5,575,000 | 5.00% | 2.19% | BAM | |
| 9/1/22 | $6,020,000 | 4.00% | 2.60% | BAM | |
| 9/1/23 | $6,435,000 | 4.00% | 2.78% | BAM | |
| 9/1/24 | $6,860,000 | 4.00% | 2.95% | BAM | |
| 9/1/25 | $7,320,000 | 3.00% | 3.175% | BAM | |
| 9/1/26 | $7,715,000 | 3.125% | 3.342% | BAM | |
| 9/1/27 | $8,140,000 | 3.25% | 3.454% | BAM | |
| 9/1/28 | $8,590,000 | 3.50% | 3.596% | BAM | |
| 9/1/29 | $9,085,000 | 4.00% | 3.51% | BAM |
Other managers: Alamo Capital, Intercoastal Capital Markets, Inc..
L.O.: Stradling, Yocca, Carlson & Rauth, Newport Beach, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
BA Merrill Lynch, TIC 3.4023%
Citigroup, TIC 3.489%
Wells Fargo Secs, TIC 3.669%
Hutchinson Shockey, TIC 3.6874%
Fidelity Capital, TIC 3.7285%
Natomas Unified School District
Jul 16, 2015 . . . . . . $69,500,000
General Obligation Bonds, Election of 2014, Series 2015 (book entry).
Dated Jul 30, 2015.
Due Aug 1, 2016 to 2040.
Callable Aug 1, 2024 at par.
Winning bid: BA Merrill Lynch, at 101.2329, TIC 3.9378%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/16 | $2,550,000 | 3.00% | 0.70% | ||
| 8/1/17 | $2,300,000 | 4.00% | 0.95% | ||
| 8/1/22 | $1,005,000 | 2.00% | 2.29% | ||
| 8/1/23 | $1,200,000 | 5.00% | 2.48% | ||
| 8/1/24 | $1,435,000 | 5.00% | 2.64% | ||
| 8/1/25 | $1,690,000 | 5.00% | 2.82% | ||
| 8/1/26 | $1,975,000 | 5.00% | 2.95% | ||
| 8/1/27 | $2,275,000 | 3.00% | 3.253% | ||
| 8/1/28 | $2,485,000 | 4.00% | 3.38% | ||
| 8/1/29 | $2,725,000 | 3.25% | 3.477% | ||
| 8/1/30 | $2,955,000 | 5.00% | 3.28% | ||
| 8/1/31 | $3,250,000 | 3.50% | 3.709% | ||
| 8/1/32 | $3,510,000 | 5.00% | 3.39% | ||
| 8/1/33 | $3,840,000 | 4.00% | 3.84% | ||
| 8/1/34 | $4,150,000 | 4.00% | 3.88% | ||
| 8/1/35 | $4,475,000 | 3.75% | 3.932% | ||
| 8/1/36 | $4,805,000 | 4.00% | 3.96% | ||
| 8/1/37 | $5,160,000 | 4.00% | 4.00% | ||
| 8/1/40 | $17,715,000 | 4.00% | 4.129% |
L.O.: Quint & Thimmig, Larkspur, CA.
F.A.: Government Financial Strategies, Inc., Sacramento, CA.
Other bidders were:
Raymond James, TIC 3.9386%
Wells Fargo Secs, TIC 3.962%
Robert W. Baird, TIC 3.9665%
Citigroup, TIC 3.9757%
Morgan Stanley, TIC 4.0289%
KANSAS
De Soto (City)
Jul 16, 2015 . . . . . . $1,765,000
General Obligation Improvement Bonds, 2015-B (bank qualified) (book entry).
Dated Jul 31, 2015.
Due Sep 1, 2016 to 2035.
Callable Sep 1, 2023 at par.
Winning bid: D.A. Davidson, at n/a, TIC 3.0196%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/17 | $150,000 | 0.85% | 0.85% | ||
| 9/1/19 | $150,000 | 1.25% | 1.25% | ||
| 9/1/21 | $155,000 | 2.00% | 1.75% | ||
| 9/1/23 | $165,000 | 2.50% | 2.10% | ||
| 9/1/25 | $170,000 | 3.00% | 2.35% | ||
| 9/1/27 | $180,000 | 3.00% | 2.60% | ||
| 9/1/29 | $195,000 | 3.00% | 2.80% | ||
| 9/1/32 | $315,000 | 3.50% | 3.10% | ||
| 9/1/35 | $285,000 | 4.00% | 3.30% |
L.O.: Gilmore & Bell, Kansas City, MO.
F.A.: Columbia Capital Management, LLC, Overland Park, KS.
Other bidders were:
Robert W. Baird, TIC 3.0346%
SunTrust Robinson, TIC 3.1263%
Hutchinson Shockey, TIC 3.211%
NEW YORK
Bedford (Town)
Jul 16, 2015 . . . . . . $8,577,016
Public Improvement Serial Bonds, Series 2015A (bank qualified) (book entry).
Dated Jul 31, 2015.
Due May 1, 2016 to 2035.
Callable May 1, 2023 at par.
Winning bid: Piper Jaffray, at 105.6478, TIC 2.339%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/16 | $787,016 | 3.00% | 0.38% | ||
| 5/1/17 | $790,000 | 4.00% | 0.65% | ||
| 5/1/18 | $790,000 | 4.00% | 0.93% | ||
| 5/1/19 | $575,000 | 4.00% | 1.13% | ||
| 5/1/20 | $575,000 | 4.00% | 1.38% | ||
| 5/1/21 | $460,000 | 4.00% | 1.58% | ||
| 5/1/22 | $460,000 | 4.00% | 1.80% | ||
| 5/1/23 | $460,000 | 4.00% | 1.95% | ||
| 5/1/24 | $460,000 | 2.25% | 2.05% | ||
| 5/1/25 | $455,000 | 2.50% | 2.15% | ||
| 5/1/26 | $455,000 | 2.50% | 2.25% | ||
| 5/1/27 | $455,000 | 2.50% | 2.35% | ||
| 5/1/28 | $455,000 | 2.75% | 2.50% | ||
| 5/1/29 | $300,000 | 3.00% | 2.60% | ||
| 5/1/30 | $300,000 | 3.00% | 2.70% | ||
| 5/1/31 | $160,000 | 3.00% | 3.00% | ||
| 5/1/32 | $160,000 | 3.25% | 3.10% | ||
| 5/1/33 | $160,000 | 3.50% | 3.20% | ||
| 5/1/34 | $160,000 | 3.50% | 3.30% | ||
| 5/1/35 | $160,000 | 3.50% | 3.40% |
L.O.: Squire Patton Boggs (US) LLP, New York, NY.
F.A.: Capital Markets Advisors, LLC, Hopewell Junction, NY.
Other bidders were:
Janney Montgomery, TIC 2.3408%
Roosevelt & Cross, TIC 2.3498%
FTN Fin Cap Mkts, TIC 2.3629%
Raymond James, TIC 2.3683%
Robert W. Baird, TIC 2.4006%
SunTrust Robinson, TIC 2.4214%
Wells Fargo Secs, TIC 2.4771%
PENNSYLVANIA
Pleasant Valley School District
Jul 16, 2015 . . . . . . $22,130,000
General Obligation Bonds, Series of 2015 (book entry).
Dated Aug 19, 2015.
Due May 1, 2016 to 2019.
Non-callable.
Winning bid: JPMorgan, at 107.5802, TIC 1.1299%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 5/1/16 | $2,090,000 | 2.00% | 0.40% | ||
| 5/1/17 | $7,525,000 | 3.00% | 0.80% | ||
| 5/1/18 | $8,030,000 | 5.00% | 1.12% | ||
| 5/1/19 | $4,485,000 | 5.00% | 1.31% |
In association with: Estrada Hinojosa & Company, Inc..
In association with: Academy Securities Inc..
L.O.: Rhoads & Sinon, Harrisburg, PA.
F.A.: Public Financial Management, Inc., Harrisburg, PA.
Other bidders were:
Janney Montgomery, TIC 1.1342%
Roosevelt & Cross, TIC 1.1446%
Raymond James, TIC 1.1553%
TD Securities, TIC 1.1618%
BA Merrill Lynch, TIC 1.1657%
BNY Mellon Cap Mkts, TIC 1.3162%
TAXABLE ISSUES
MINNESOTA
Stillwater Independent School District No. 834
Jul 16, 2015 . . . . . . $14,695,000
General Obligation Taxable OPEB Refunding Bonds Series 2015B (MN SD Credit Enhancement Program) (book entry).
Dated Aug 17, 2015.
Due Mar 1, 2017 to 2019.
Non-callable.
Winning bid: Wells Fargo Secs, at 99.5550, TIC 1.4211%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 3/1/17 | $4,985,000 | 0.70% | 0.70% | ||
| 3/1/18 | $4,835,000 | 1.15% | 1.15% | ||
| 3/1/19 | $4,875,000 | 1.55% | 1.55% |
L.O.: Knutson, Flynn & Deans, Mendota Heights, MN.
F.A.: Robert W. Baird & Co., Inc., Milwaukee, WI.
Other bidders were:
Piper Jaffray, TIC 1.4678%
SunTrust Robinson, TIC 1.5005%
Raymond James, TIC 1.5067%
Cronin, TIC 1.5503%
Citigroup, TIC 1.5599%
Northland Securities, TIC 1.6272%
