Oregon to sell $788.06 million tax anticipation notes Wednesday

By Sheri Kasprzak

New York, July 15 - The State of Oregon is slated to price $788.06 million of series 2011A full faith and credit tax anticipation notes on Wednesday, according to a preliminary official statement.

The notes (MIG1/SP-1+/F1+) will be sold on a negotiated basis with Citigroup Global Markets Inc. and Bank of America Merrill Lynch as the senior managers. The co-managers are J.P. Morgan Securities LLC and Morgan Stanley & Co. Inc.

The notes are due June 29, 2012.

Proceeds will be used to meet seasonal cash needs and cash management requirements from 2011 to 2013.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.