KENTUCKY
Powell County School District Finance Corporation
Jul 14, 2016 . . . . . . $960,000
School Building Refunding Revenue Bonds, Series of 2016 (Kentucky State School District Credit Enhancement Program) (bank qualified) (book entry).
Dated Jul 1, 2016.
Due Feb 1, 2017 to Aug 1, 2028.
Non-callable.
Winning bid: J.J.B. Hilliard, at 101.1185, NIC 2.2254%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 8/1/21 | $250,000 | 1.10% | 1.10% | ||
| 8/1/23 | $190,000 | 2.00% | 1.60% | ||
| 8/1/25 | $195,000 | 2.00% | 2.00% | ||
| 8/1/28 | $325,000 | 3.00% | 2.40% |
L.O.: Steptoe & Johnson PLLC, Louisville, KY.
F.A.: Ross, Sinclaire & Associates, Inc., Lexington, KY.
Other bidders were:
PNC Capital Markets, NIC 2.2775%
MICHIGAN
White Lake Charter Township
Jul 14, 2016 . . . . . . $460,000
2016 Special Assessment Bonds (Limited Tax General Obligation) (bank qualified) (book entry).
Dated Jul 28, 2016.
Due Apr 1, 2017 to 2026.
Callable Apr 1, 2024 at par.
Winning bid: J.J.B. Hilliard, at 100.3737, TIC 2.4358%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 4/1/17 | $35,000 | 2.00% | 1.00% | ||
| 4/1/18 | $45,000 | 2.00% | 1.25% | ||
| 4/1/19 | $45,000 | 2.00% | 1.50% | ||
| 4/1/20 | $45,000 | 2.00% | 1.60% | ||
| 4/1/21 | $45,000 | 2.00% | 1.70% | ||
| 4/1/22 | $45,000 | 2.00% | 1.80% | ||
| 4/1/23 | $50,000 | 2.00% | 2.00% | ||
| 4/1/24 | $50,000 | 3.00% | 2.15% | ||
| 4/1/25 | $50,000 | 3.00% | 2.25% | ||
| 4/1/26 | $50,000 | 3.00% | 2.50% |
L.O.: Dickinson Wright PLLC, Detroit, MI.
F.A.: Bendzinski & Company, Detroit, MI.
OKLAHOMA
Pottawatomie County Elementary School District No. 10 (North Rock Creek)
Jul 15, 2016 . . . . . . $275,000
Building Bonds of 2016 (bank qualified) (book entry).
Dated Sep 1, 2016.
Due Sep 1, 2018 to 2021.
Non-callable.
Winning bid: BOSC, at n/a, NIC 1.3175%.
| Due | Amount | Cpn | Yield | Conc | Ins |
|---|---|---|---|---|---|
| 9/1/18 | $65,000 | 3.10% | 0.80% | ||
| 9/1/19 | $70,000 | 1.00% | 0.90% | ||
| 9/1/20 | $70,000 | 1.00% | 1.00% | ||
| 9/1/21 | $70,000 | 1.10% | 1.10% |
In association with: Vision Bank, NA.
In association with: Bank of Oklahoma.
L.O.: Phillips Murrah, P.C., Oklahoma City, OK; and State Attorney General.
F.A.: Stephen L. Smith Corp., Jenks, OK.
Other bidders were:
Baker Group, NIC 1.8778%
Country Club Bank, NIC 1.9665%
F&M Bank, NIC 2.3845%
