Tulsa County Industrial Authority, Okla., to price $114.52 million revenue bonds for Montreau

By Sheri Kasprzak

New York, Feb. 19 - The Tulsa County Industrial Authority in Oklahoma plans to sell $114.52 million in series 2010 senior living facilities revenue bonds for Montreau Inc., according to a preliminary official statement.

The bonds will be sold on a negotiated basis with Ziegler Capital Markets Inc. as the senior manager. The co-managers are Herbert J. Sims & Co. Inc. and Wells Nelson & Associates.

The maturities have not been set.

Proceeds will be used to fund the construction of a senior living facility, as well as to refund existing variable-rate demand bonds.

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