Wyoming Community Development to price $60 million housing bonds

By Cristal Cody

Springdale, Ark., July 30 - The Wyoming Community Development Authority expects to price $60 million housing revenue bonds on Tuesday, the issuer told Prospect News.

The series 2008-3 bonds also will price in a retail sale on Monday, said finance director Scott Hoversland.

The bonds have split serial maturities from 2009 through 2018 and terms due in 2023, 2028, 2033 and 2038.

Merrill Lynch & Co. is the senior manager of the negotiated sale. Co-managers are Kaiser & Co., Citigroup Global Markets and George K. Baum & Co.

Proceeds will be used to purchase loans made to first-time homebuyers.

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