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San Antonio to price $351.18 million bonds for CPS Energy on Tuesday
By Sheri Kasprzak
New York, May 28 - The City of San Antonio is set to price $351.18 million of series 2009 electric and gas system revenue bonds and Build America Bonds on Tuesday for CPS Energy, according to a sales calendar.
The bonds (Aa1/AA/AA+) will be sold through lead manager Goldman, Sachs & Co. The co-managers are Barclays Capital Inc., RBC Capital Markets Inc., Morgan Keegan & Co. Inc., Samco Capital Markets Inc., Ramirez & Co. Inc. and Southwestern Capital Markets Inc.
The bonds are due 2026 to 2039.
Proceeds will be used to fund capital improvements and to refund CPS's series 1998A bonds.
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