INDIANA
North Newton 2015 School Building Corporation
Nov 19, 2015 . . . . . . $5,590,000
Ad Valorem Property Tax First Mortgage Bonds, Series 2015 (bank qualified) (book entry).
Dated Dec 15, 2015.
Due Jul 15, 2017 to Jan 15, 2035.
Callable Jul 15, 2024 at par.
Winning bid: J.J.B. Hilliard, at 100.3695, TIC 2.8837%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 7/15/17 | $125,000 | 2.00% | 0.90% | SIP | |
| 1/15/18 | $125,000 | 2.00% | 1.00% | SIP | |
| 7/15/18 | $130,000 | 2.00% | 1.05% | SIP | |
| 1/15/19 | $130,000 | 2.00% | 1.20% | SIP | |
| 7/15/19 | $130,000 | 2.00% | 1.25% | SIP | |
| 1/15/20 | $130,000 | 2.00% | 1.40% | SIP | |
| 7/15/20 | $135,000 | 2.00% | 1.45% | SIP | |
| 1/15/21 | $135,000 | 2.00% | 1.60% | SIP | |
| 7/15/21 | $135,000 | 2.00% | 1.70% | SIP | |
| 1/15/22 | $135,000 | 2.00% | 1.80% | SIP | |
| 7/15/22 | $140,000 | 2.00% | 1.90% | SIP | |
| 7/15/23 | $280,000 | 2.00% | 2.00% | SIP | |
| 7/15/24 | $290,000 | 2.00% | 2.10% | SIP | |
| 7/15/25 | $295,000 | 3.00% | 2.20% | SIP | |
| 7/15/26 | $305,000 | 3.00% | 2.35% | SIP | |
| 7/15/27 | $310,000 | 3.00% | 2.50% | SIP | |
| 7/15/28 | $320,000 | 3.00% | 2.60% | SIP | |
| 7/15/29 | $330,000 | 3.00% | 2.80% | SIP | |
| 7/15/31 | $690,000 | 3.00% | 3.00% | SIP | |
| 7/15/32 | $360,000 | 3.00% | 3.10% | SIP | |
| 7/15/33 | $375,000 | 3.25% | 3.25% | SIP | |
| 1/15/35 | $585,000 | 3.50% | 3.40% | SIP |
Other managers: Ross, Sinclaire & Associates LLC.
L.O.: Ice Miller, Indianapolis, IN.
F.A.: Umbaugh LLP, Mishawaka, IN.
Other bidders were:
City Securities, TIC 2.9774%
SunTrust Robinson, TIC 3.036%
KENTUCKY
Logan County School District Finance Corporation
Nov 19, 2015 . . . . . . $372,000
School Building Revenue Bonds, Series 2015 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Dec 10, 2015.
Due Dec 1, 2016 to 2035.
Callable Dec 1, 2025 at par.
Winning bid: Ross Sinclaire, at 101.2504, NIC 3.6806%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 12/1/22 | $105,000 | 2.00% | 2.00% | ||
| 12/1/35 | $267,000 | 4.00% | 3.40% |
Other managers: PNC Capital Markets, Duncan-WIlliams, Inc., Robert W. Baird & Co., Inc..
L.O.: Rubin & Hays, Louisville, KY.
F.A.: J.J.B. Hilliard, W.L. Lyons, Inc., Louisville, KY.
NEW JERSEY
Tinton Falls Borough
Nov 20, 2015 . . . . . . $2,821,000
Bond Anticipation Notes consisting of $1,300,000 General Improvement Notes and $1,521,000 Open Space Notes (bank qualified).
Dated Dec 2, 2015.
Due Dec 1, 2016.
Purchased $2,821,000.00 by Two Rivers Comm Bk, at 0.55%, effective rate 0.55%.
L.O.: Gibbons P.C., Newark, NJ.
F.A.: Municipal Official(s).
Other bidders were:
TD Bank, N.A., Effective Rate 0.78%
PNC Bank, Effective Rate 0.8%
Jefferies, Effective Rate 0.8762%
Oppenheimer, Effective Rate 1.0186%
TAXABLE ISSUES
MICHIGAN
Portage Local Development Finance Authority
Nov 19, 2015 . . . . . . $2,725,000
2015 Tax Increment Refunding Bonds (Taxable) (book entry).
Dated Dec 1, 2015.
Due Jan 1, 2017 to 2030.
Callable Jan 1, 2023 at par.
Winning bid: J.J.B. Hilliard, at 99.1986, TIC 3.5756%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 1/1/17 | $180,000 | 3.00% | 1.00% | ||
| 1/1/18 | $180,000 | 3.00% | 1.75% | ||
| 1/1/19 | $180,000 | 3.00% | 2.25% | ||
| 1/1/20 | $225,000 | 3.00% | 2.50% | ||
| 1/1/21 | $220,000 | 3.00% | 2.70% | ||
| 1/1/22 | $215,000 | 3.00% | 2.90% | ||
| 1/1/23 | $210,000 | 3.00% | 3.10% | ||
| 1/1/24 | $205,000 | 3.125% | 3.25% | ||
| 1/1/25 | $200,000 | 3.25% | 3.35% | ||
| 1/1/26 | $195,000 | 3.50% | 3.55% | ||
| 1/1/27 | $190,000 | 3.625% | 3.75% | ||
| 1/1/28 | $185,000 | 3.85% | 3.90% | ||
| 1/1/30 | $340,000 | 4.00% | 4.05% |
L.O.: Axe & Ecklund, P.C., Grosse Pointe Farms, MI.
F.A.: Municipal Financial Consultants, Inc., Grosse Pointe Farms, MI.
Other bidders were:
Robert W. Baird, TIC 3.6343%
Fifth Third Secs, TIC 3.8119%
BOSC, TIC 4.3576%
