KENTUCKY
Owensboro Independent School District Finance Corporation
Mar 17, 2016 . . . . . . $16,770,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (book entry).
Dated Apr 1, 2016.
Due Sep 1, 2016 to 2028.
Callable Apr 1, 2025 at par.
Winning bid: BA Merrill Lynch, at 101.1775, TIC 2.5717%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/16 | $175,000 | 4.00% | 0.75% | ||
| 9/1/17 | $140,000 | 4.00% | 1.00% | ||
| 9/1/18 | $145,000 | 4.00% | 1.24% | ||
| 9/1/19 | $1,445,000 | 4.00% | 1.44% | ||
| 9/1/20 | $1,505,000 | 4.00% | 1.60% | ||
| 9/1/21 | $1,550,000 | 3.00% | 1.90% | ||
| 9/1/22 | $1,575,000 | 2.00% | 2.10% | ||
| 9/1/23 | $1,610,000 | 2.125% | 2.25% | ||
| 9/1/24 | $1,640,000 | 2.25% | 2.40% | ||
| 9/1/25 | $1,680,000 | 2.50% | 2.57% | ||
| 9/1/26 | $1,725,000 | 2.50% | 2.68% | ||
| 9/1/27 | $1,770,000 | 3.00% | 2.75% | ||
| 9/1/28 | $1,810,000 | 3.00% | 3.00% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates LLC, Lexington, KY.
Other bidders were:
Robert W. Baird, TIC 2.5989%
J.J.B. Hilliard, TIC 2.6292%
Morgan Stanley, TIC 2.6432%
Hutchinson Shockey, TIC 2.8219%
