Ventura County Public Financing, Calif., arranges $300 million sale of lease revenue bonds

By Sheri Kasprzak

New York, Feb. 13 - The Ventura County Public Financing Authority of California plans to sell $300 million of series 2013A lease revenue bonds, according to a preliminary official statement.

The bonds (Aa3/AA/AA) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are Barclays, De La Rosa & Co. Inc. and Fidelity Capital Markets Inc.

The bonds are due 2013 to 2033 with term bonds due in 2038 and 2043.

Proceeds will be used to finance the construction of a replacement hospital for the Ventura County Medical Center.

© 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.