Published on 8/5/2016 in the Prospect News Municipals Daily.
New Issue: Forsyth, Mont., sells $144.66 million of pollution control revenue bonds
By Sheri Kasprzak
New York, Aug. 5 – The City of Forsyth, Mont., priced $144.66 million of series 2016 pollution control revenue refunding bonds for Northwestern Corp., said a pricing sheet.
The bonds are due Aug. 1, 2023 and have a 2% coupon priced at par.
The bonds were sold through J.P. Morgan Securities LLC and KeyBanc Capital Markets LLC.
Proceeds will be used to refund and redeem existing pollution control revenue bonds issued by Northwestern.
| Issuer: | City of Forsyth, Mont./Northwestern Corp.
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| Issue: | Series 2016 pollution control revenue refunding bonds
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| Amount: | $144.66 million
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| Maturity: | Aug. 1, 2023
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| Coupon: | 2%
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| Price: | 100
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| Type: | Negotiated
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| Underwriters: | J.P. Morgan Securities LLC and KeyBanc Capital Markets LLC (lead)
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| Pricing date: | Aug. 4
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| Settlement date: | Aug. 11
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