New Mexico Finance Authority gives details of $160.645 million revolving fund revenue bond offering

By Cristal Cody

Springdale, Ark., March 19 - The New Mexico Finance Authority released more details of its $160.645 million offering of senior lien public project revolving fund revenue bonds it plans to price on March 24.

The series 2008A bonds (Aa2/AA+/AA) have serial maturities from June 1, 2008 through June 1, 2038, according to the preliminary official statement.

UBS Investment Bank is the senior manager, and co-managers are George K. Baum & Co., Piper Jaffray & Co. and RBC Capital Markets.

Proceeds will be used to originate loans or reimburse the authority for loans.

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