County of Allegheny, Pennsylvania $75,000,000 Tax and Revenue Anticipation Notes, Series a of 2012 $100,000,000 Tax and Revenue Anticipation Notes, Series B of 2012
NEW ISSUE—BOOK-ENTRY ONLY Rating: Standard & Poor’s “SP-1+” (See “Rating” herein.) In the opinion of Note Counsel, based upon an analysis of existing laws, regulations, rulings and court decisions, interest on the Notes is excluded from gross income for Federal income tax purposes. Note Counsel is also of the opinion that interest on the Notes is not a specific item of tax preference under §57 of the Internal Revenue Code of 1986, as amended (the “Code”), for purposes of federal individual and corporate alternative minimum taxes. In the opinion of Note Counsel, under existing laws, the Notes, and the interest therefrom, are free from taxation for purposes of personal income, corporate net income and personal property taxes within the Commonwealth of Pennsylvania. COUNTY OF ALLEGHENY, PENNSYLVANIA $75,000,000 TAX AND REVENUE ANTICIPATION NOTES, SERIES A OF 2012 $100,000,000 TAX AND REVENUE ANTICIPATION NOTES, SERIES B OF 2012 Dated: January 17, 2012 Due: July 16, 2012 Series A of 2012: Interest Rate: 1.50% Price: 100.677 Yield: 0.13% CUSIP: 01728V NP1 Series B-1 of 2012: Interest Rate: 2.00% Price: 100.879 Yield: 0.22% CUSIP: 01728V NQ9 Series B-2 of 2012: Interest Rate: 2.00% Price: 100.884 Yield: 0.21% CUSIP: 01728V NQ9 The County of Allegheny, Pennsylvania (the “County”) is issuing its Tax and Revenue Anticipation Notes, Series A of 2012 in the principal amount of $75,000,000 (“the Series 2012A Note”) and its Tax and Revenue Anticipation Notes, Series B of 2012 in the principal amount of $100,000,000 (“the Series 2012B Note”) (collectively, the “Notes”).
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