Indiana Finance Authority plans $235.28 million of CWA Authority bonds

By Sheri Kasprzak

New York, June 4 - The Indiana Finance Authority plans to price $235,275,000 of series 2014A first-lien wastewater utility revenue bonds for the CWA Authority Inc. project, said a preliminary official statement.

The bonds (/AA/A) will be sold on a negotiated basis with Morgan Stanley & Co. LLC as the senior manager. The co-managers are City Securities Corp., J.P. Morgan Securities LLC and PNC Capital Markets LLC.

The maturities have not been set.

Proceeds will be used to make improvements, extensions and expansions to the wastewater system.

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