Results of Negotiated Sales

WISCONSIN

Markesan School District

Dec 29, 2014 . . . . . . $2,275,000

General Obligation Refunding Bonds, Series 2014 (bank qualified) (book entry)

Dated Dec 29, 2014.

Due Mar 1, 2015 to 2018.

First coupon Mar 1, 2015.

Non-callable.

Privately placed by Robert W. Baird & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
3/1/15 $15,000 1.30% 1.30%
3/1/16 $735,000 1.75% 1.75%
3/1/17 $750,000 1.95% 1.95%
3/1/18 $775,000 2.35% 2.35%

L.O.: Quarles & Brady, Milwaukee, WI.

TAXABLE ISSUES

MISSISSIPPI

Mississippi Business Finance Corporation

Dec 29, 2014 . . . . . . $15,470,000

Variable Rate Demand Revenue Bonds, Series 2014 (Bienville Gautier Medical Office Building, LLC Project) (Letter of Credit Issued by Federal Home Loan Bank of Dallas) (book entry) (Taxable)

Dated Dec 29, 2014.

Due Dec 1, 2035.

First coupon Feb 5, 2015.

Callable any time at par.

Purchased through negotiation by Merchant Capital, LLC, as follows:

Due Amount Cpn Reoffered Ins
12/1/35 $15,470,000 n/a n/a

L.O.: Butler Snow, LLP, Ridgeland, MS.

F.A.: Government Consultants, Inc., Jackson, MS.

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Negotiated sales results
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