District Upgraded to AAA Rating - Community Opportunity to Participate in Bond Sale
INVITATION
NEW ALBANY-PLAIN LOCAL SCHOOL DISTRICT
SCHOOL FACILITIES CONSTRUCTION AND IMPROVEMENT BONDS
Informational Meeting
New Albany, Ohio – New Albany-Plain Local School District (the “School District”) placed a bond issue on the November 2024 ballot that was approved by voters. As a result, the School District is planning to publicly offer $75,000,000 of long-term bonds on February 11, 2025. As part of the public offering, the School District is working with their underwriter, Stifel, Nicolaus & Company, Incorporated, to make the bonds available to the local community. The bonds will carry a S&P Global rating of AAA and will be sold with maturities from 2025 to 2061 in minimum denominations of $5,000.
In preparation for the bond sale, the School District will hold a meeting on February 5, 2025 at 6:00 p.m. in the New Albany Primary School library (2nd floor), 87 N. High Street, New Albany, OH 43054. The purpose of the meeting is to provide further details for those who may be interested in purchasing the bonds.
The School District’s bonds issue is being underwritten by Stifel, Nicolaus & Company, Incorporated and the legal opinion will be provided by the law firm of Bricker Graydon LLP. Interested parties should attend the meeting or contact Mr. Andrew Klinger in Stifel’s Easton office at (614) 232-2127.
For further information regarding the meeting please contact:
Ms. Rebecca Jenkins,
Treasurer of New Albany-Plain Local School District
Phone: (614) 413-4113
Email: jenkins.5@napls.us