Minneapolis arranges $61.17 million G.O. bond offering for Wednesday

By Sheri Kasprzak

New York, Feb. 10 - The City of Minneapolis is scheduled to price $61.17 million of series 2014 Downtown East project taxable general obligation bonds on Wednesday, according to a sales calendar.

The bonds (//AAA) will be sold through lead manager Wells Fargo Securities LLC.

The bonds are due 2017 to 2029 with term bonds due in 2034 and 2044.

Proceeds will be used to finance a mixed-use development project for downtown Minneapolis.

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