Results of Competitive Sales

KENTUCKY

Franklin County School District Finance Corporation

Aug 23, 2013 . . . . . . $3,215,000

Energy Conservation Revenue Bonds, Series of 2013 (Kentucky State School District Credit Enhancement Program) (book entry).

Dated Sep 9, 2013.

Due Jun 1, 2014 to 2028.

Callable Jun 1, 2023 at par.

Winning bid: J.J.B. Hilliard, at n/a, NIC 3.6744%.

Due Amount Cpn Yield Conc Ins
6/1/14 $160,000 2.00% 0.45%
6/1/15 $140,000 2.00% 0.65%
6/1/16 $150,000 2.00% 1.00%
6/1/17 $160,000 2.00% 1.40%
6/1/18 $170,000 2.00% 1.80%
6/1/19 $180,000 2.50% 2.20%
6/1/20 $190,000 3.00% 2.60%
6/1/21 $205,000 3.00% 2.90%
6/1/22 $215,000 3.25% 3.20%
6/1/23 $230,000 3.40% 3.40%
6/1/24 $245,000 3.60% 3.60%
6/1/25 $265,000 4.00% 3.80%
6/1/26 $280,000 4.00% 4.00%
6/1/27 $300,000 4.00% 4.10%
6/1/28 $325,000 4.125% 4.20%

L.O.: Steptoe & Johnson PLLC, Louisville, KY.

F.A.: Ross, Sinclaire & Associates LLC, Louisville, KY.

Other bidders were:

Robert W. Baird, NIC 3.842%

City Securities, NIC 3.8983%

JPMorgan, NIC 4.1779%

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