Mississippi to sell $353.73 million of capital improvement G.O. bonds

By Sheri Kasprzak

New York, Sept. 26 - The State of Mississippi is set to come to market with $353.73 million of series 2011A capital improvements projects general obligation bonds, according to a preliminary official statement.

The bonds will be sold through Morgan Stanley & Co. LLC and Bank of America Merrill Lynch. The co-managers are Duncan-Williams Inc., Morgan Keegan & Co. Inc., Stephens Inc., Crews & Associates Inc., Kipling Jones & Co., Jefferies & Co., Loop Capital Markets LLC and Mesirow Financial Inc.

The bonds are due 2024 to 2025 and 2029 to 2031 with a term bond due in 2036.

Proceeds will be used to fund improvements to the Jackson Zoo, the Ohr-O'Keefe Museum, the Children's Museum, the Craft Center, the R.H. Harrison Complex, the Bureau of State-Owned Buildings and state and community colleges.

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