Anchorage organizes $120 million sale of G.O. TANs for Wednesday

By Sheri Kasprzak

New York, Feb. 17 - The Municipality of Anchorage is expected to come to market Wednesday with $120 million of series 2012 general obligation tax anticipation notes, according to a preliminary official statement.

The notes (/SP-1+/) will be sold competitively with First Southwest Co. as the financial adviser.

The notes are due Aug. 31, 2012.

Proceeds will be used to finance capital projects ahead of the collection of certain taxes.

© 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.