Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers M > Headlines for Michigan > News item |
Michigan organizes $266.47 million state trunk line fund bond offering
By Sheri Kasprzak
New York, Aug. 7 – The State of Michigan is expected to price $266.47 million of series 2014 state trunk line fund refunding bonds, said a preliminary official statement.
The bonds will be offered on a negotiated basis with Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC. The co-managers are BofA Merrill Lynch, Loop Capital Markets LLC and J.P. Morgan Securities LLC.
The bonds are due 2015 to 2021.
Proceeds will be used to refund the state’s series 2004 state trunk line fund bonds, series 2005B state trunk line fund refunding bonds and 2006 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.