By Sheri Kasprzak
New York, Nov. 19 - The New Mexico Municipal Energy Acquisition Authority priced $780.965 million in series 2009 gas supply variable-rate revenue bonds, according to a pricing sheet.
The bonds (Aaa/VMIG1) priced Wednesday through RBC Capital Markets Corp.
The bonds are due Nov. 1, 2039 and have a 0.27% initial rate, priced at par. The rate will be reset at the weekly mode.
Proceeds will be used to finance a 30-year supply of natural gas to Farmington, N.M.
| Issuer: | New Mexico Municipal Energy Acquisition Authority
|
| Issue: | Series 2009 gas supply variable-rate revenue bonds
|
| Amount: | $780.965 million
|
| Type: | Negotiated
|
| Maturity: | Nov. 1, 2039
|
| Coupon: | 0.27%
|
| Price: | Par
|
| Mode: | Weekly
|
| Underwriter: | RBC Capital Markets Corp.
|
| Rating: | Moody's: Aaa/VMIG1
|
| Pricing date: | Nov. 18
|
© 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.
