Nevada to sell $69.47 million of highway revenue bonds on April 24

By Sheri Kasprzak

New York, April 16 - The State of Nevada plans to come to market on April 24 with $69.47 million of series 2012 motor vehicle fuel tax highway revenue bonds, according to a preliminary official statement.

The bonds (Aa2/AA+/AA+) will be sold on a competitive basis with JNA Consulting Group LLC and Montague DeRose and Associates LLC as the financial advisers.

The bonds are due 2012 to 2019.

Proceeds will be used to refund the state's series 2004 highway improvement revenue bonds.

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