Shreveport, La., coordinates $93.5 million of general obligation bonds

By Sheri Kasprzak

New York, Sept. 26 – The City of Shreveport, La., is expected to price $93.5 million of series 2014 general obligation bonds on Thursday, according to a preliminary official statement.

The bonds will be sold through senior managers Loop Capital Markets LLC and Wells Fargo Securities LLC with First Southwest Co. and Southwest Securities Inc. as the co-managers.

The bonds are due 2015 to 2034.

Proceeds will be used to finance improvements to the city’s water and sewer system, as well as its park and recreational facilities.

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