Wyoming Community Development to sell $58.975 million revenue bonds

By Sheri Kasprzak

New York, May 24 - The Wyoming Community Development Authority is set to bring to market $58.975 million in series 2010 housing revenue bonds, according to a preliminary official statement.

The offering includes $56.975 million in series 2010-1 AMT bonds and $2 million in series 2010-2 non-AMT bonds.

The bonds will be sold on a negotiated basis with Bank of America Merrill Lynch as the senior manager. The co-managers are Kaiser & Co., Citigroup Global Markets Inc. and George K. Baum & Co.

The 2010-1 bonds are due 2010 to 2021 with a term bond due 2026. The 2010-2 bonds are due Dec. 1, 2025.

Proceeds will be used to refund the authority's series 1997-5, 1998-2, 1999-1 and 2000-4 bonds.

The authority is based in Casper, Wyo., and provides financing for housing and other public facilities.

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