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Oklahoma Turnpike Authority to offer $521.77 million of refunding revenue bonds
By Sheri Kasprzak
New York, Sept. 21 - The Oklahoma Turnpike Authority is poised to bring to market $521.765 million of series 2011A Oklahoma turnpike system refunding second senior revenue bonds, according to a preliminary official statement.
The bonds (Aa3/AA-/AA-) will be sold on a negotiated basis with RBC Capital Markets LLC as the senior manager. The co-managers are BOSC Inc., Morgan Stanley & Co. LLC, Edward D. Jones & Co. LP, Fidelity Capital Markets LLC and Bank of America Merrill Lynch.
The bonds are due 2012 to 2028.
Proceeds will be used to refund the authority's series 2006C, 2006E and 2006F revenue bonds.
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