Results of Negotiated Sales

CALIFORNIA

Santa Clara County

Oct 4, 2011 . . . . . . $12,800,000

Variable Rate Demand Multifamily Housing Revenue Refunding Bonds, Series 2011A (Briarwood Apartments) (Credit Ehancement by Fannie Mae) (book entry)

Dated Oct 4, 2011.

Due Dec 15, 2026.

First coupon Oct 15, 2011.

Callable any time at par.

Purchased through negotiation by Bank of America Merrill Lynch, as follows:

Due Amount Cpn Reoffered Ins
12/15/26 $12,800,000 n/a n/a

L.O.: Stradling, Yocca, Carlson & Rauth, San Francisco, CA.

ILLINOIS

St. Charles (City)

Oct 3, 2011 . . . . . . $12,395,000

General Obligation Corporate Purpose Bonds, Series 2011A (bank qualified) (book entry) $4,860,000.

Dated Oct 20, 2011.

Due Dec 1, 2012 to 2031.

First coupon Jun 1, 2012.

2022-2031 Callable Dec 1, 2021 at par.

Purchased through negotiation by Robert W. Baird & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
12/1/12 $160,000 2.00% 0.70%
12/1/13 $180,000 2.00% 0.85%
12/1/14 $185,000 2.00% 1.05%
12/1/15 $190,000 3.00% 1.25%
12/1/16 $195,000 3.00% 1.60%
12/1/17 $200,000 3.00% 1.85%
12/1/18 $205,000 4.00% 2.15%
12/1/19 $215,000 4.00% 2.45%
12/1/20 $225,000 4.00% 2.70%
12/1/21 $235,000 3.50% 2.85%
12/1/22 $240,000 3.50% 3.00%
12/1/23 $250,000 3.50% 3.15%
12/1/24 $260,000 3.50% 3.30%
12/1/25 $270,000 4.00% 3.40%
12/1/26 $280,000 4.00% 3.50%
12/1/27 $290,000 4.00% 3.65%
12/1/28 $300,000 4.00% 3.75%
12/1/29 $315,000 4.00% 3.85%
12/1/30 $325,000 4.00% 3.90%
12/1/31 $340,000 4.00% 4.00%

General Obligation Refunding Bonds, Series 2011B (bank qualified) (book entry) $1,560,000.

Dated Oct 20, 2011.

Due Dec 1, 2013 to 2017.

First coupon Jun 1, 2012.

Non-callable.

Due Amount Cpn Reoffered Ins
12/1/13 $5,000 2.00% 1.05%
12/1/14 $375,000 2.00% 1.05%
12/1/15 $385,000 2.00% 1.25%
12/1/16 $390,000 3.00% 1.60%
12/1/17 $405,000 4.00% 1.85%

General Obligation Refunding Bonds, Series 2011C (bank qualified) (book entry) $2,885,000.

Dated Oct 20, 2011.

Due Dec 1, 2018 to 2024.

First coupon Jun 1, 2012.

2022-2024 Callable Dec 1, 2021 at par.

Due Amount Cpn Reoffered Ins
12/1/18 $365,000 3.00% 2.15%
12/1/19 $380,000 4.00% 2.45%
12/1/20 $395,000 4.00% 2.70%
12/1/21 $415,000 3.50% 2.85%
12/1/22 $425,000 3.50% 3.00%
12/1/23 $445,000 3.50% 3.15%
12/1/24 $460,000 4.00% 3.30%

General Obligation Refunding Bonds, Series 2011D (bank qualified) (book entry) $3,090,000.

Dated Oct 20, 2011.

Due Dec 1, 2012 to 2023.

First coupon Jun 1, 2012.

2022-2023 Callable Dec 1, 2021 at par.

Due Amount Cpn Reoffered Ins
12/1/12 $210,000 2.00% 0.70%
12/1/13 $220,000 2.00% 0.85%
12/1/14 $230,000 2.00% 1.05%
12/1/15 $235,000 3.00% 1.25%
12/1/16 $240,000 3.00% 1.60%
12/1/17 $245,000 4.00% 1.85%
12/1/18 $255,000 4.00% 2.15%
12/1/19 $270,000 4.00% 2.45%
12/1/20 $280,000 4.00% 2.70%
12/1/21 $295,000 3.50% 2.85%
12/1/22 $300,000 3.50% 3.00%
12/1/23 $310,000 3.50% 3.15%

L.O.: Chapman and Cutler, Chicago, IL.

MINNESOTA

Tyler (City)

Oct 3, 2011 . . . . . . $1,565,000

General Obligation Natural Gas Refunding Bonds, Series 2011A (bank qualified) (book entry)

Dated Nov 15, 2011. Interest accrues Nov 15, 2011.

Due Dec 1, 2012 to 2027.

First coupon Jun 1, 2012.

2019-2027 Callable Dec 1, 2018 at par.

Purchased through negotiation by Northland Securities, Inc., as follows:

Due Amount Cpn Reoffered Ins
12/1/13 $115,000 0.60% 0.60%
12/1/15 $140,000 1.00% 1.00%
12/1/17 $155,000 1.50% 1.50%
12/1/19 $180,000 2.00% 2.00%
12/1/20 $100,000 2.20% 2.20%
12/1/21 $105,000 2.40% 2.40%
12/1/22 $110,000 2.60% 2.60%
12/1/23 $115,000 2.80% 2.80%
12/1/24 $125,000 2.95% 2.95%
12/1/25 $130,000 3.10% 3.10%
12/1/26 $140,000 3.25% 3.25%
12/1/27 $150,000 3.40% 3.40%

L.O.: Briggs & Morgan, St. Paul, MN.

NEBRASKA

Madison Public School District 0001

Oct 4, 2011 . . . . . . $2,720,000

Refunding Bonds (bank qualified) (book entry)

Dated Oct 26, 2011.

Due Dec 15, 2013 to 2028.

First coupon Dec 15, 2011.

2016-2028 Callable Oct 26, 2016 at par.

Purchased through negotiation by D.A. Davidson & Co., as follows:

Due Amount Cpn Reoffered Ins
12/15/13 $70,000 0.60% NRO
12/15/14 $150,000 0.80% NRO
12/15/15 $150,000 1.00% NRO
12/15/16 $155,000 1.45% NRO
12/15/17 $155,000 1.70% NRO
12/15/18 $160,000 2.00% NRO
12/15/19 $165,000 2.30% NRO
12/15/20 $170,000 2.50% NRO
12/15/21 $175,000 2.70% NRO
12/15/22 $180,000 2.85% NRO
12/15/23 $185,000 3.05% NRO
12/15/24 $185,000 3.25% NRO
12/15/25 $195,000 3.40% NRO
12/15/26 $200,000 3.50% NRO
12/15/27 $210,000 3.70% NRO
12/15/28 $215,000 3.80% NRO

L.O.: Kutak Rock, Omaha, NE.

NEW JERSEY

Burlington County Bridge Commission

Oct 3, 2011 . . . . . . $30,455,000

Project Notes (Solid Waste Project), Series 2011 (book entry)

Dated Oct 11, 2011. Interest accrues Oct 11, 2011.

Due Oct 10, 2012.

First coupon Oct 10, 2012.

Non-callable.

Purchased through negotiation by Raymond James & Associates, Inc., as follows:

Due Amount Cpn Reoffered Ins
10/10/12 $30,455,000 2.00% 0.47%

L.O.: Capehart & Scatchard, P.A, Trenton, NJ.

F.A.: Acacia Financial Group, Inc., Marlton, NJ.

Lower Township Municipal Utilities Authority

Sep 15, 2011 . . . . . . $12,250,000

Project Note (Series 2011B) (bank qualified) (book entry)

Dated Sep 23, 2011.

Due Sep 21, 2012.

First coupon Sep 21, 2012.

Non-callable.

Purchased through negotiation by RBC Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
9/21/12 $12,250,000 2.00% 0.55%

L.O.: McManimon & Scotland, Newark, NJ.

PENNSYLVANIA

Upper St. Clair Township

Oct 4, 2011 . . . . . . $10,205,000

General Obligation Bonds, Series B (bank qualified) (book entry) $9,995,000.

Dated Nov 15, 2011.

Due May 15, 2014 to 2033.

First coupon May 15, 2012.

2018-2033 Callable May 15, 2017 at par.

Purchased through negotiation by Boenning & Scattergood, Inc., as follows:

Due Amount Cpn Reoffered Ins
5/15/14 $5,000 1.00% NRO
5/15/15 $75,000 1.00% NRO
5/15/16 $80,000 1.25% NRO
5/15/17 $80,000 1.50% NRO
5/15/18 $80,000 1.80% NRO
5/15/19 $85,000 2.00% NRO
5/15/20 $90,000 2.25% NRO
5/15/21 $865,000 2.45% NRO
5/15/22 $895,000 2.60% NRO
5/15/23 $910,000 2.75% NRO
5/15/24 $940,000 3.00% NRO
5/15/25 $965,000 3.10% NRO
5/15/26 $1,000,000 3.20% NRO
5/15/27 $1,035,000 3.30% NRO
5/15/28 $1,070,000 3.40% NRO
5/15/30 $690,000 3.60% NRO
5/15/33 $1,130,000 3.80% NRO

L.O.: Cohen & Grigsby, P.C., Pittsburgh, PA.

PUERTO RICO

Puerto Rico Government Development Bank

Oct 4, 2011 . . . . . . $295,000,000

Senior Notes, 2011 Series D (book entry)

Dated Oct 5, 2011.

Due Nov 8, 2012.

First coupon Nov 8, 2012.

Non-callable.

Purchased through negotiation by Citigroup Global Markets, Inc., as follows:

Due Amount Cpn Reoffered Ins
11/8/12 $295,000,000 1.00% 1.00%

L.O.: Squire, Sanders & Dempsey (US) LLP.

F.A.: Government Development Bank For Puerto Rico, San Juan, PR.

TEXAS

Fort Bend County Municipal Utility District No. 115

Oct 3, 2011 . . . . . . $3,005,000

Refunding Bonds, Series 2011 (bank qualified) (book entry)

Dated Oct 1, 2011. Interest accrues Oct 1, 2011.

Due Sep 1, 2012 to 2026.

First coupon Mar 1, 2012.

2021-2026 Callable Sep 1, 2020 at par.

Purchased through negotiation by Morgan Keegan & Co., Inc., as follows:

Due Amount Cpn Reoffered Ins
9/1/12 $50,000 2.00% 0.80% AGM
9/1/13 $40,000 2.00% 1.00% AGM
9/1/14 $185,000 2.00% 1.15% AGM
9/1/15 $190,000 2.00% 1.35% AGM
9/1/16 $195,000 2.00% 1.68% AGM
9/1/17 $200,000 2.00% 1.90% AGM
9/1/18 $210,000 3.00% 2.22% AGM
9/1/19 $215,000 3.00% 2.50% AGM
9/1/20 $220,000 3.00% 2.71% AGM
9/1/21 $230,000 4.00% 2.91% AGM
9/1/22 $235,000 3.00% 3.10% AGM
9/1/23 $245,000 3.00% 3.28% AGM
9/1/24 $255,000 3.25% 3.45% AGM
9/1/25 $265,000 4.00% 3.60% AGM
9/1/26 $270,000 4.00% 3.70% AGM

L.O.: Allen Boone Humphries Robinson LLP, Houston, TX; and State Attorney General.

F.A.: RBC Capital Markets, Dallas, TX.

Harris County Municipal Utility District No. 284

Oct 4, 2011 . . . . . . $2,585,000

Refunding Bonds, Series 2011 (bank qualified) (book entry)

Dated Nov 1, 2011.

Due Sep 1, 2012 to 2026.

First coupon Sep 1, 2012.

2019-2026 Callable Sep 1, 2018 at par.

Purchased through negotiation by RBC Capital Markets, FirstSouthwest, as follows:

Due Amount Cpn Reoffered Ins
9/1/12 $45,000 2.00% 1.10% AGM
9/1/13 $140,000 2.00% 1.35% AGM
9/1/14 $145,000 2.00% 1.60% AGM
9/1/15 $145,000 2.00% 1.85% AGM
9/1/16 $155,000 3.00% 2.10% AGM
9/1/17 $160,000 3.00% 2.50% AGM
9/1/18 $170,000 3.00% 2.75% AGM
9/1/19 $170,000 4.00% 3.00% AGM
9/1/20 $180,000 3.00% 3.25% AGM
9/1/22 $385,000 3.50% 3.75% AGM
9/1/24 $425,000 4.00% 4.05% AGM
9/1/26 $465,000 4.00% 4.25% AGM

L.O.: Schwartz, Page & Harding, Houston, TX; and State Attorney General.

F.A.: Rathmann & Associates, L.P., Houston, TX.

VIRGINIA

Norfolk Airport Authority

Oct 4, 2011 . . . . . . $25,970,000

Airport Revenue Refunding Bonds, Series 2011C (Non-AMT) (book entry)

Dated Oct 13, 2011. Interest accrues Oct 13, 2011.

Due Jul 1, 2023 to 2031.

First coupon Jul 1, 2012.

2023-2031 Callable Jul 1, 2021 at par.

Purchased through negotiation by Morgan Keegan & Co., Inc., BB&T Capital Markets, as follows:

Due Amount Cpn Reoffered Ins
7/1/23 $2,375,000 5.00% 3.72% AGM
7/1/24 $2,490,000 5.00% 3.88% AGM
7/1/25 $2,620,000 5.00% 4.00% AGM
7/1/26 $2,750,000 5.00% 4.11% AGM
7/1/28 $5,895,000 4.25% 4.35% AGM
7/1/31 $9,840,000 4.50% 4.60% AGM

L.O.: Hunton & Williams LLP, Richmond, VA.

F.A.: Public Financial Management, Inc., Arlington, VA.

WASHINGTON

Kennewick (City)

Oct 3, 2011 . . . . . . $5,330,000

Limited Tax General Obligation Refunding Bonds, 2011 (bank qualified) (book entry)

Dated Oct 18, 2011. Interest accrues Oct 18, 2011.

Due Dec 1, 2011 to 2023.

First coupon Dec 1, 2011.

2022-2023 Callable Dec 1, 2021 at par.

Purchased through negotiation by Seattle-Northwest Securities Corp., as follows:

Due Amount Cpn Reoffered Ins
12/1/11 $5,000 3.00% 0.50%
12/1/12 $30,000 3.00% 0.75%
12/1/13 $30,000 3.00% 1.00%
12/1/14 $445,000 3.00% 1.00%
12/1/15 $460,000 3.00% 1.23%
12/1/16 $470,000 4.00% 1.60%
12/1/17 $490,000 4.00% 1.88%
12/1/18 $515,000 4.00% 2.21%
12/1/19 $535,000 4.00% 2.55%
12/1/20 $555,000 4.00% 2.80%
12/1/21 $580,000 4.00% 2.94%
12/1/22 $595,000 4.00% 3.07%
12/1/23 $195,000 3.00% 3.34%
12/1/23 $425,000 4.00% 3.24%

L.O.: Foster Pepper PLLC, Spokane, WA.

King County

Oct 3, 2011 . . . . . . $32,445,000

Sewer Revenue Refunding Bonds, 2011 Series C (book entry)

Dated Nov 1, 2011.

Due Jan 1, 2022 to 2035.

First coupon Jan 1, 2012.

2035-2035 Callable Jan 1, 2021 at par.

Purchased through negotiation by J.P. Morgan Securities LLC, as follows:

Due Amount Cpn Reoffered Ins
1/1/22 $2,350,000 3.00% 2.68%
1/1/22 $2,905,000 4.00% 2.68%
1/1/22 $2,630,000 5.00% 2.68%
1/1/35 $24,560,000 5.00% 4.05%

L.O.: K&L Gates LLP, Seattle, WA.

F.A.: Seattle-Northwest Securities Corp., Seattle, WA.

TAXABLE ISSUES

PENNSYLVANIA

Upper St. Clair Township

Oct 4, 2011 . . . . . . $10,205,000

General Obligation Bonds, Series A (book entry) (Taxable) $210,000.

Dated Nov 15, 2011.

Due May 15, 2012 to 2014.

First coupon May 15, 2012.

Non-callable.

Purchased through negotiation by Boenning & Scattergood, Inc., as follows:

Due Amount Cpn Reoffered Ins
5/15/12 $70,000 1.25% 1.25%
5/15/13 $70,000 1.50% 1.50%
5/15/14 $70,000 1.75% 1.75%

L.O.: Cohen & Grigsby, P.C., Pittsburgh, PA.

For reprint and licensing requests for this article, click here.
Negotiated sales results
MORE FROM BOND BUYER