Grand Rapids, Mich., to sell $65.74 million sewer system bonds Thursday

By Sheri Kasprzak

New York, July 22 - Grand Rapids, Mich. plans to price its previously announced offering of $65.74 million in sanitary sewer system improvement revenue bonds on Thursday, according to a calendar of offerings. A retail order period may be held on Wednesday.

The bonds (Aa2/AA+/) will be sold through lead manager Citigroup Global Markets.

The bonds are due 2010 to 2028 with term bonds due 2033 and 2038.

Proceeds will defray a portion of the costs of improvements to the city's sewer system.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.