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Published on 9/15/2015 in the Prospect News Municipals Daily.

Mississippi plans $200 million offering of gaming tax revenue bonds

By Sheri Kasprzak

New York, Sept. 15 – The State of Mississippi plans to price $200 million of series 2015E gaming tax revenue bonds, according to a preliminary official statement.

The bonds (A3/A+/A+) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager. The co-managers are Piper Jaffray & Co. and Raymond James/Morgan Keegan.

The bonds are due 2016 to 2035.

Proceeds will be used to finance the repair, rehabilitation and maintenance of bridges in the state.


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