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Las Vegas Valley Water, Nev., to sell $339.64 million G.O. bonds
By Sheri Kasprzak
New York, Dec. 9 – The Las Vegas Valley Water District of Nevada is set to price $336,635,000 of series 2015 limited tax general obligation water refunding bonds, according to a preliminary official statement.
The bonds (Aa2/AA+/) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager and J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Wells Fargo Securities LLC as the co-managers.
The bonds are due 2031 to 2039.
Proceeds will be used to refinance outstanding bonds.
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