Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for Illinois State Toll Highway Authority > News item |
Toll Highway Authority, Ill, to sell $500 million revenue bonds Monday
By Sheri Kasprzak
New York, May 8 - The Illinois State Toll Highway Authority is set to sell $500 million in series 2009 toll highway senior-priority revenue bonds on Monday, according to a calendar of upcoming sales.
The bonds (Aa3/AA-/AA-) will be sold through lead managers Goldman, Sachs & Co. and Morgan Stanley & Co. Inc.
The co-managers are Cabrera Capital Markets LLC, Morgan Keegan & Co. Inc., Jackson Securities Inc., Raymond James & Associates Inc., J.P. Morgan Securities Inc., RBC Capital Markets, Loop Capital Markets LLC and Robert W. Baird & Co.
The sale includes 2009A bonds and 2009B bonds. The 2009A bonds are due 2034, and the 2009B bonds are due 2034 with serial bonds.
Proceeds will be used to make capital improvements.
© 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.