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Prospect News home > News index > List of issuers M > Headlines for Mesa > News item |
Mesa, Ariz., arranges $101.8 million sale of utility revenue bonds
By Sheri Kasprzak
New York, Sept. 26 – The City of Mesa, Ariz., is set to price $101,795,000 of series 2014 utility systems revenue refunding bonds, according to a preliminary official statement.
The bonds (Aa2/AA-/) will be sold on a negotiated basis with BofA Merrill Lynch as the senior manager. The co-managers are J.P. Morgan Securities LLC and RBC Capital Markets LLC.
The bonds are due 2019 to 2030.
Proceeds will be used to refund existing utility systems revenue bonds.
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