Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Michigan > News item |
Michigan preps $150 million sale of state trunk line refunding bonds
By Sheri Kasprzak
New York, Oct. 8 - Michigan is set to sell $150 million in series 2009 state trunk line fund refunding bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Loop Capital Markets LLC and Merrill Lynch & Co. Inc. as the senior managers. The co-managers are Citigroup Global Markets Inc., Goldman, Sachs & Co., Morgan Stanley & Co. Inc. and Siebert Brandford Shank & Co. LLC.
The bonds are due 2019 to 2026.
Proceeds will be used to refund the state's series 1998A state trunk line fund bonds.
© 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.