E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/11/2014 in the Prospect News Municipals Daily.

Massachusetts prepares $205.24 million Sifma index G.O. refunding deal

By Sheri Kasprzak

New York, Dec. 11 – The Commonwealth of Massachusetts is set to price $205,235,000 of series 2014 Sifma index general obligation refunding bonds on Wednesday, according to a preliminary official statement.

The deal includes $33,435,000 of series 2014D bonds and $171.8 million of series 2014E bonds.

The bonds will be sold competitively with Public Resources Advisory Group as the financial adviser.

The 2014D bonds are due in 2016 and the 2014E bonds are due in 2017.

Proceeds will be used to refund the state’s series 2011A, 2012A, 2013A and 2014A general obligation bonds.


© 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.