Seattle prepares $164.28 million municipal light and power bonds

By Sheri Kasprzak

New York, June 16 – The City of Seattle plans to price $164.28 million of series 2015A municipal light and power revenue bonds on June 23, according to a preliminary official statement.

The bonds (Aa2/AA/) will be sold competitively with Piper Jaffray & Co. as the financial adviser.

The bonds are due 2016 to 2045.

Proceeds will be used to finance capital improvements to the city’s light system.

© 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.