| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for St. Petersburg > News item |
St. Petersburg, Fla., to sell $74.99 million utility revenue bonds
By Sheri Kasprzak
New York, Sept. 22 – The City of St. Petersburg, Fla., is set to price $74,985,000 of series 2014 public utility revenue bonds, according to a preliminary official statement. Pricing is slated for Sept. 30.
The bonds (Aa2//AA) will be sold competitively with Public Financial Management Inc. as the financial adviser.
The deal includes $32.55 million of series 2014A revenue bonds and $42,435,000 of series 2014B refunding bonds.
The 2014A bonds are due 2016 to 2044. The 2014B bonds are due 2016 to 2035.
Proceeds will be used to construct, acquire, repair and rehabilitate a wastewater treatment facility and water treatment facility, as well as to refund the city’s series 2005 public utility bonds.
© 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.