By Sheri Kasprzak
New York, June 9 - The State of Washington brought $391.3 million in series R-2010A various purpose general obligation refunding bonds Tuesday, said a sellside source connected to the deal.
The full terms of the sale were still being finalized, but Goldman, Sachs & Co. won the competitive bid with a 3.68% true interest cost.
Seattle-Northwest Securities Corp. was the financial adviser.
The bonds are due 2010 to 2024.
Proceeds will be used to refund existing debt.
| Issuer: | State of Washington
|
| Issue: | Series R-2010A various purpose general obligation refunding bonds
|
| Amount: | $391.3 million
|
| Type: | Competitive
|
| Underwriter: | Goldman, Sachs & Co.
|
| Maturities: | 2010 to 2024
|
| TIC: | 3.68%
|
| Pricing date: | June 9
|
© 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.
