Oklahoma Water Resources prepares $85 million of revolving fund bonds

By Sheri Kasprzak

New York, Feb. 24 - The Oklahoma Water Resources Board plans to price $85 million of series 2014A clean water program revolving fund revenue refunding bonds during the week of Feb. 24, according to a sales calendar.

The bonds (//AAA) will be sold through senior manager BofA Merrill Lynch.

Proceeds will be used to refund the board's outstanding series 2004 bonds, which were initially offered to fund loans to local governments for eligible clean and drinking water projects.

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