By Aaron Hochman-Zimmerman
New York, May 7 - Tulsa, Okla., priced $51.8 million series 2009 revenue bonds at a true interest cost of 3.804941%, according to director of finance Michael Kier.
Morgan Stanley & Co. Inc. won the auction over seven other bidders.
The bonds will carry maturities from 2011 to 2029.
Proceeds will be used for capital expenditures.
| Issuer: | Tulsa, Okla.
|
| Issue: | Series 2009 revenue bonds
|
| Amount: | $51.8 million
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| Maturities: | 2011 to 2029
|
| True interest cost: | 3.804941%
|
| Underwriter: | Morgan Stanley & Co. Inc.
|
| Pricing date: | May 7
|
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