By Sheri Kasprzak
New York, March 24 - The City of Fresno, Calif., priced $108.072 million of series 2010 construction fund revenue bonds, said a pricing sheet.
The bonds (Aa3/AA-/) were sold competitively with Credit Agricole CIB as the winning bidder.
The one-year bonds were priced to yield 0.996%.
Proceeds will be used to fund construction projects throughout the city.
| Issuer: | City of Fresno
|
| Issue: | Series 2010 construction fund revenue bonds
|
| Amount: | $108.072 million
|
| Maturity: | 2011
|
| Yield: | 0.996%
|
| Type: | Competitive
|
| Underwriter: | Credit Agricole CIB (winner)
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Pricing date: | March 24
|
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