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Published on 3/4/2011 in the Prospect News Municipals Daily.

Portland, Ore., to sell $82.14 million of water system bonds Thursday

By Sheri Kasprzak

New York, March 4 - The City of Portland, Ore., is set to sell $82.135 million of series 2011A first-lien water revenue bonds on Thursday, said a preliminary official statement.

The bonds (Aaa) will be sold competitively.

The bonds are due 2012 to 2036.

Proceeds will be used to finance capital improvements to the city's water system.


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