Oklahoma City Economic Development to sell $143.7 million of tax apportionment bonds

By Sheri Kasprzak

New York, March 25 - The Oklahoma City Economic Development Trust is expected to price $143.7 million of series 2013 tax apportionment bonds during the week of March 25, according to a sales calendar.

The deal includes $117.8 million of series 2013A taxable bonds and $25.9 million of series 2013B tax-exempt bonds.

The bonds (Aa2) will be sold through BofA Merrill Lynch.

Proceeds will be used to refund $95 million of privately placed series 2009 tax anticipation notes and finance public improvements for the city.

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