Ernest N. Morial - New Orleans Exhibition Hall preps $60.64 million bond deal

By Sheri Kasprzak

New York, Oct. 26 - The Ernest N. Morial - New Orleans Exhibition Hall Authority is set to price $60,635,000 of series 2012 special tax refunding bonds, according to a preliminary official statement.

The bonds (A2//A+) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are Dorsey & Co. Inc., Loop Capital Markets LLC, Raymond James/Morgan Keegan and RBC Capital Markets LLC.

The bonds are due 2013 to 2027.

Proceeds will be used to current refund all of the authority's outstanding senior 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.