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Published on 9/8/2008 in the Prospect News Municipals Daily.

Arizona Transportation to sell $176.32 million revenue bonds Tuesday

By Sheri Kasprzak

New York, Sept. 8 - The Arizona Transportation Board plans to price $176.32 million in series 2008B highway revenue bonds Tuesday, according to a calendar of offerings.

The bonds (Aa1/AAA/) will be sold through senior manager Citigroup Global Markets.

The bonds are due from 2023 to 2033.

Proceeds will be used to fund portions of the board's five-year capital program.


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