A multiline label drawn with core text. Needed it for line spacing, can easily be modified to use any core text properties though.

CoreTextLabel.h

//
//  CoreTextLabel.h
//  Frost
//
//  Created by David Kasper on 10/1/12.
//

#import <UIKit/UIKit.h>
#import <CoreText/CoreText.h>

@interface CoreTextLabel : UILabel

@property (assign) CGFloat lineSpacing;

@end

CoreTextLabel.m

//
//  CoreTextLabel.m
//  Frost
//
//  Created by David Kasper on 10/1/12.
//

#import "CoreTextLabel.h"

@implementation CoreTextLabel

- (id)initWithFrame:(CGRect)frame
{
    self = [super initWithFrame:frame];
    if (self) {
        // Initialization code
    }
    return self;
}


- (void)drawRect:(CGRect)rect
{
	// create a font, quasi systemFontWithSize:24.0
	CTFontRef sysUIFont = CTFontCreateWithName((__bridge_retained CFStringRef)self.font.fontName, self.font.pointSize,NULL);
    
	// create a naked string
	NSString *string = self.text;
    
	CGColorRef color = self.textColor.CGColor;
    
	// now for the actual drawing
	CGContextRef context = UIGraphicsGetCurrentContext();
    
	// flip the coordinate system
	CGContextSetTextMatrix(context, CGAffineTransformIdentity);
	CGContextTranslateCTM(context, 0, self.bounds.size.height);
	CGContextScaleCTM(context, 1.0, -1.0);
    
    CTTextAlignment theAlignment = NSTextAlignmentToCTTextAlignment(self.textAlignment);
	CFIndex theNumberOfSettings = 2;
	CTParagraphStyleSetting theSettings[2] =
	{
		{ kCTParagraphStyleSpecifierAlignment, sizeof(CTTextAlignment),
			&theAlignment},
        {kCTParagraphStyleSpecifierLineSpacing, sizeof(CGFloat), &_lineSpacing}
	};
	
	CTParagraphStyleRef paragraphStyle = CTParagraphStyleCreate(theSettings, theNumberOfSettings);
	
	NSDictionary *attributesDict = [NSDictionary dictionaryWithObjectsAndKeys:
									(__bridge id)(sysUIFont), (NSString *)kCTFontAttributeName,
									(__bridge id)color, (NSString *)kCTForegroundColorAttributeName,
									paragraphStyle, (NSString *) kCTParagraphStyleAttributeName,
									nil];
	
	
	NSAttributedString *stringToDraw = [[NSAttributedString alloc] initWithString:string attributes:attributesDict];
	
	CTFramesetterRef framesetter = CTFramesetterCreateWithAttributedString((__bridge CFAttributedStringRef)stringToDraw);
	
	//Create Frame
	CGMutablePathRef path = CGPathCreateMutable();
	
	CGPathAddRect(path, NULL, rect);
	
	CTFrameRef frame = CTFramesetterCreateFrame(framesetter, CFRangeMake(0, 0), path, NULL);
	
	//Draw Frame
	CTFrameDraw(frame, context);
	
	//Release all retained objects
	
	CFRelease(path);
	CFRelease(sysUIFont);
}

@end