Public Finance Authority, Ariz., prepares $103.5 million bond offering

By Sheri Kasprzak

New York, Feb. 6 - The Public Finance Authority of Arizona plans to sell $103.5 million of series 2014 taxable parking revenue bonds for the USA Place Parking Facilities LLC project, according to a preliminary official statement.

The bonds will be sold through senior manager KeyBanc Capital Markets LLC.

The bonds are due Feb. 1, 2021.

Proceeds will be used to construct, equip, acquire and renovate a multilevel parking facility for the USA Place multi-use center anchored by a hotel and conference center in Tempe.

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