Somerville’s $123.96 Million General Obligation School Bonds Offering


Locke Lord LLP advised the City of Somerville on the deal.

The City of Somerville, Mass., announced the sale of $123.96 million General Obligation School Bonds. The deal was priced to yield from 0.17% with a 4.75% coupon in 2021 to 2.41% with a 2.375% coupon in 2050.

The Locke Lord team was led by Claudia Matzko (Picture) and also included Todd Cooper.

Involved fees earner: Todd Cooper – Locke Lord; Claudia Matzko – Locke Lord;

Law Firms: Locke Lord;

Clients: City of Somerville;

Author: Ambrogio Visconti