Missouri Highways to sell $600 million road fund bonds Sept. 14 week

By Sheri Kasprzak

New York, Sept. 10 - The Missouri Highways & Transportation Commission is scheduled to bring to market $600 million in series 2009 reimbursement state road fund bonds during the week of Sept. 14, according to a calendar of upcoming deals.

The offering includes $341.575 million in series 2009 federally taxable Build America Bonds and $258.425 million in series 2009 tax-exempt federal reimbursement state road fund bonds.

The bonds (Aa2/AA+/AA+) will be sold on a negotiated basis with Merrill Lynch & Co. Inc.

Proceeds will be used to fund the state's bridge improvement program.

© 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.