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E-470 Public Highway Authority, Colo., to convert $421.9 million revenue bonds
By Sheri Kasprzak
New York, May 19 - The E-470 Public Highway Authority of Colorado plans to convert $421.9 million in series 2007 senior revenue bonds, a notice of conversion said Monday.
The bonds being converted include $105.5 million in series 2007A bonds, $105.5 million in series 2007B bonds, $105.5 million in series 2007C bonds and $105.4 million in series 2007D bonds.
The bonds will be converted to an alternative mode from an auction-rate mode, said the notice.
The conversion will take place on Tuesday.
Morgan Stanley is the remarketing agent.
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