Michigan Strategic Fund to price $67.7 million revenue refunding bonds March 20

By Sheri Kasprzak

New York, March 13 - The Michigan Strategic Fund plans to price $67.7 million in variable-rate limited-obligation refunding revenue bonds for the Consumers Energy Co. on March 20.

The bonds (Aaa) will be sold on a negotiated basis through lead manager KeyBanc Capital Markets.

The bonds will initially bear interest at the weekly rate.

The proceeds will be used to refund existing bonds held by the fund.

© 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.