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.

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