Portland, Ore., to sell $215.52 million of sewer system revenue bonds

By Sheri Kasprzak

New York, Aug. 26 - The City of Portland, Ore., plans to price $215.52 million of series 2013A senior lien sewer system revenue and refunding bonds on Sept. 5, according to a preliminary official statement.

The bonds (Aa3/AA-/) will be sold competitively.

The bonds are due 2014 to 2038.

Proceeds will be used to finance capital facilities and improvements to the city's sanitary sewer and storm water drainage system, as well as to refund the city's series 2003A second lien sewer system revenue bonds.

© 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.