Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for HFOTCO LLC > News item |
Harris County Industrial Development, Texas, to sell $75 million marine terminal revenue bonds
By Sheri Kasprzak
New York, Nov. 10 - The Harris County Industrial Development Corp. of Texas plans to bring to market $75 million of series 2010 marine terminal revenue bonds for HFOTCO LLC, according to a preliminary official statement.
The bonds (Aa3/VMIG1) will be sold on a negotiated basis with Bank of America Merrill Lynch as the underwriter.
The bonds are due Nov. 1, 2050.
Proceeds will be used to finance crude oil improvements to HFOTCO LLC real property following damage done in Hurricane Ike in 2008.
The Houston-based authority provides funding to industrial development projects throughout the county.
© 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.