By Cristal Cody
Springdale, Ark., March 18 - The Missouri Environmental Improvement and Energy Resources Authority priced $71.55 million refunding revenue bonds with a 4.375% coupon on Tuesday, the issuer told Prospect News.
The series 2008 pollution control bonds (-/AA/AA) priced in a term rate mode due Dec. 1, 2034, said Karen Massey, deputy director of the authority.
Other pricing details were not immediately available.
The bonds were sold for the Associated Electric Cooperative, a not-for-profit rural electric cooperative corporation.
Goldman, Sachs & Co. is the senior manager.
| Issuer: | Missouri Environmental Improvement and Energy Resources Authority/Associated Electric Cooperative
|
| Issue: | Refunding revenue bonds
|
| Amount: | $71.55 million
|
| Type: | Negotiated
|
| Maturity: | Dec. 1, 2034
|
| Coupon: | 4.375%
|
| Underwriter: | Goldman, Sachs & Co.
|
| Ratings: | S&P: AA
|
| Fitch: AA
|
| Pricing date: | March 18
|
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