On Tuesday, January 27, 2009, the Cherry Creek School District successfully sold $101,775,000 of District General Obligation debt at a True Interest Cost of 4.25601%.
The winning bid was submitted by JP Morgan Securities Inc., out of 11 submitted. The bonds were sold competitively with bids received electronically via the internet.
“The number of bids exceeded our greatest expectations,” said Guy Bellville, Cherry Creek School District Chief Financial Officer. “The timing was...
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