Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers F > Headlines for Fort Smith > News item |
Fort Smith, Ark., to price $120.305 million water and sewer bonds
By Cristal Cody
Springdale, Ark., June 20 - Fort Smith, Ark., intends to price $120.305 million water and sewer refunding and construction revenue bonds, probably in July, a source said Friday.
The series 2008 bonds (/A/) have serial maturities from 2009 through 2023 and terms in 2028 and 2032.
The bonds are insured by Financial Security Assurance.
Stephens Inc. is the senior manager of the negotiated sale, and Morgan Keegan is the co-manager.
Proceeds will be used to refund the city's series 2002A bonds and fund improvements to the Mountainburg water treatment plant, neighborhood water lines and the Howard Hill elevated water storage tank.
© 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.