By Cristal Cody
Tupelo, Miss., Sept. 29 - Clark County in Nevada priced $50 million of variable-rate revenue bonds for Southwest Gas Corp. at par, according to a filing on Monday with the U.S. Securities and Exchange Commission.
The county sold the series 2008A variable-rate industrial development revenue bonds (/AA/) on Wednesday.
The bonds are due in 2038.
Proceeds from the bonds were used on Monday to redeem the series 2003B variable-rate industrial development revenue bonds because of failed auctions, according to the filing.
| Issuer: | Clark County/Southwest Gas Corp.
|
| Issue: | Industrial development revenue bonds
|
| Amount: | $50 million
|
| Price: | Par
|
| Ratings: | Standard & Poor's: AA |
|
| Pricing date: | Sept. 24
|
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