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$str = 'WIRES
Wire Details Actions: Go Print Close
Rec\'d Date/Time (EST) Sender ST Wire Type/Title Master Message # Deal Type
RE: $ 437,025,000
CITY OF AURORA, COLORADO
ACTING BY AND THROUGH ITS UTILITY ENTERPRISE
FIRST LIEN WATER REFUNDING BONDS, SERIES 2016
(GREEN BONDS)
LADIES AND GENTLEMEN:
WE HAVE RECEIVED THE WRITTEN AWARD. TODAY, JULY 22ND WILL BE INITIAL TRADE DATE.
TIME OF FIRST EXECUTION IS 11:00AM EST.
MOODY\'S: NR S&P: AA+ FITCH: AA+
DATED:08/16/2016 FIRST COUPON:02/01/2017
DUE: 08/01
INITIAL TRADE DATE: 07/22/2016 @ 11:00AM Eastern
MATURITY AMOUNT COUPON PRICE CUSIP
08/01/2020 2,350M 1.50% 0.83 051595AL0
(Approx. $ Price 102.603)
08/01/2021 4,855M 5.00% 0.97 051595AM8
(Approx. $ Price 119.462)
08/01/2022 7,565M 5.00% 1.13 051595AN6
(Approx. $ Price 122.238)
08/01/2023 10,410M 5.00% 1.28 051595AP1
(Approx. $ Price 124.689)
08/01/2024 1,625M 3.00% 1.40 051595AQ9
(Approx. $ Price 112.009)
08/01/2024 9,305M 5.00% 1.40 051595BE5
(Approx. $ Price 127.021)
08/01/2025 11,445M 5.00% 1.52 051595AR7
(Approx. $ Price 129.042)
08/01/2026 4,000M 4.00% 1.65 051595AS5
(Approx. $ Price 121.498)
08/01/2026 8,015M 5.00% 1.65 051595BJ4
(Approx. $ Price 130.646)
08/01/2027 12,015M 5.00% 1.76 051595AT3
(Approx. $ Price PTC 08/01/2026 129.476 Approx. YTM 1.992)
08/01/2028 12,615M 5.00% 1.87 051595BF2
(Approx. $ Price PTC 08/01/2026 128.318 Approx. YTM 2.281)
08/01/2029 13,245M 5.00% 1.93 051595AU0
(Approx. $ Price PTC 08/01/2026 127.691 Approx. YTM 2.487)
08/01/2030 13,905M 5.00% 1.98 051595BG0
(Approx. $ Price PTC 08/01/2026 127.172 Approx. YTM 2.657)
08/01/2031 14,600M 5.00% 2.03 051595AV8
(Approx. $ Price PTC 08/01/2026 126.655 Approx. YTM 2.806)
08/01/2032 6,045M 4.00% 2.33 051595AW6
(Approx. $ Price PTC 08/01/2026 114.764 Approx. YTM 2.843)
08/01/2032 8,835M 5.00% 2.08 051595BM7
(Approx. $ Price PTC 08/01/2026 126.141 Approx. YTM 2.936)
08/01/2033 15,565M 5.00% 2.13 051595AX4
(Approx. $ Price PTC 08/01/2026 125.629 Approx. YTM 3.053)
08/01/2034 16,345M 5.00% 2.18 051595AY2
(Approx. $ Price PTC 08/01/2026 125.119 Approx. YTM 3.157)
08/01/2035 17,160M 5.00% 2.22 051595AZ9
(Approx. $ Price PTC 08/01/2026 124.714 Approx. YTM 3.244)
08/01/2036 18,020M 5.00% 2.26 051595BA3
(Approx. $ Price PTC 08/01/2026 124.310 Approx. YTM 3.324)
08/01/2041 40,000M 3.00% 2.90 051595BK1
(Approx. $ Price PTC 08/01/2026 100.858 Approx. YTM 2.951)
08/01/2041 62,915M 5.00% 2.32 051595BD7
(Approx. $ Price PTC 08/01/2026 123.706 Approx. YTM 3.559)
08/01/2046 45,000M 2.00% 100.00 051595BB1
**STEP COUPON
08/01/2046 25,000M 3.00% 2.95 051595BL9
(Approx. $ Price PTC 08/01/2026 100.427 Approx. YTM 2.978)
08/01/2046 5,000M 4.00% 2.62 051595BH8
(Approx. $ Price PTC 08/01/2026 112.026 Approx. YTM 3.360)
08/01/2046 51,190M 5.00% 2.37 051595BC9
(Approx. $ Price PTC 08/01/2026 123.206 Approx. YTM 3.710)
---------------------------------------
CALL FEATURES: Optional call in 08/01/2026 @ 100.00
EXCEPT:
08/01/2046 Optional call in 08/01/2019 @ 100.00 Coupon: 2.000
**THE STEP COUPON BONDS WILL BEAR INTEREST EACH PERIOD AS FOLLOWS:
FROM TO (AND INCLUDING) INTEREST RATE
--------- ------------------ -------------
08/16/2016 07/31/2019 2.000%
08/01/2019 07/31/2026 2.250%
08/01/2026 07/31/2031 3.500%
08/01/2031 07/31/2041 4.500%
08/01/2041 08/01/2046 5.000%
---------------------------------------
Sinking Fund Schedule
2041 Term Bond
08/01/2037 7,535M
08/01/2038 7,760M
08/01/2039 7,995M
08/01/2040 8,230M
08/01/2041 8,480M
Sinking Fund Schedule
2041 Term Bond
08/01/2037 11,385M
08/01/2038 11,955M
08/01/2039 12,550M
08/01/2040 13,185M
08/01/2041 13,840M
Sinking Fund Schedule
2046 Term Bond
08/01/2042 8,145M
08/01/2043 8,550M
08/01/2044 8,980M
08/01/2045 9,425M
08/01/2046 9,900M
Sinking Fund Schedule
2046 Term Bond
08/01/2042 4,710M
08/01/2043 4,850M
08/01/2044 4,995M
08/01/2045 5,145M
08/01/2046 5,300M
Sinking Fund Schedule
2046 Term Bond
08/01/2042 920M
08/01/2043 960M
08/01/2044 1,000M
08/01/2045 1,040M
08/01/2046 1,080M
Sinking Fund Schedule
2046 Term Bond
08/01/2042 9,265M
08/01/2043 9,730M
08/01/2044 10,210M
08/01/2045 10,725M
08/01/2046 11,260M
PRIORITY OF ORDERS:
1. Net Designated
(Except if an investor is affiliated with a syndicate member in which case the
economics will be reallocated among the other managers. Please contact the
Senior Manager.)
2. Individual Colorado Retail
3. Individual National Retail
4. Member
"Individual Colorado Retail Order" is defined as an order up to $1,000,000 placed on
behalf of an individual in Colorado. Larger Individual Colorado Retail Orders will be
accepted at the sole discretion of the City. All Individual Colorado Retail Orders must
include account numbers and zip codes.
An "Individual National Retail Order" is defined as an order up to $1,000,000 placed on
behalf of an individual outside of Colorado. Larger Individual National Retail Orders
will be accepted at the sole discretion of the City. All Individual National Retail
Orders must include account numbers and zip codes.
Priority Policy:
Morgan Stanley & Co. must receive 50% of each designation.
RBC Capital Markets must receive at least 20% of each designation.
Bank of America Merrill Lynch and Wells Fargo Securities must each be designated at least
10%.
No firm may receive more than 50% of each designation.
The compliance addendum MSRB Rule G-11 will apply.
The Award is expected on Thursday, July 21, 2016 at 5:10PM Eastern .
Delivery is firm for Tuesday, August 16, 2016.
This issue is book entry only. This issue is clearing through DTC.
Award: 07/21/2016
Award Time: 5:10PM Eastern
Delivery: 08/16/2016 (Firm)
Initial trade: 07/22/2016
Date of Execution: 07/22/2016
Time of Execution: 11:00AM Eastern
Electronic copies of the Preliminary Official Statement can be accessed via the following
link:
http://www.meritos.com/cgi-bin/disclaimer.pl?Did=2225
Morgan Stanley & Co. LLC
RBC Capital Markets
Bank of America Merrill Lynch
Wells Fargo Securities (trade name for Wells Fargo
Bank N.A. Municipal Products Group)
By: Morgan Stanley & Co. LLC New York, NY
Close
Terms and Conditions of Use and Privacy Statement © 2016 Ipreo. All rights reserved.
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Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php