Taxable Refunding Pension Obligation Bonds Series 1997A
$136,923,080.63*
County of Orange
Taxable Refunding Pension Obligation Bonds
Series 1997A
(Partially Refunding of the 1994A Bonds)
Underwriter: Goldman, Sachs & Company Co-Manager: A.G. Edwards & Sons, Inc. Co-Manager: Piper Jaffray, Inc. Bond Counsel: Willkie Farr & Gallagher Underwriter Counsel: Orrick, Herrington & Sutcliffe, LLP Dated: January 1, 1997 Rating at Time of Issuance: Aaa Moody's, AAA-Standard & Poor's, AAA Fitch Security: Pledged Funds Bond Insurance: MBIA Insurance Payment Dates: September 1 and March 1
Current Aggregate Outstanding Debt (as of March 31, 2013)
Fiscal Year
Principal Amt.
Annual Interest
Annual Debt Service (1)
2013-14(2)
2,660,501
6,852,499
9,513,000
2014-15(2)
2,587,638
7,435,362
10,023,000
2015-16(2)
2,143,027
6,852,973
8,996,000
2016-17(2)
2,848,779
10,214,221
13,063,000
2017-18(2)
3,003,150
11,996,850
15,000,000
2018-19(2)
2,772,150
12,227,850
15,000,000
2019-20(2)
2,478,485
12,021,515
14,500,000
2020-21(2)
2,450,550
13,049,450
15,500,000
2021-22(2)
518,204
3,025,796
3,544,000
Totals
$21,462,484
$83,676,516
$105,139,000
Note:
Note:
(1)
Annual Debt Service Payment represents the Cumulative interest due for each Maturity at their stated Rate for one year.
(2)
Capital Appreciation Bonds, Compound Interest Paid at Maturity.
Current Interest Bonds were paid off on 9/1/09
*
The schedule above reflects the Tender Offer for the County's Pension Obligation Bonds which occurred in April 2000.
On June 22, 2000, the bonds shown above underwent an Economic Defeasance and funds were placed in accounts to prepay the bonds.
Notice
This page presents selected financial and other information concerning the County of Orange. The information does not represent, nor is it intended to represent, complete financial data or all of the information a visitor or investor may desire. All information presented herein is dated as of its date and the County of Orange makes no representation that such information is current or complete.
