Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Grand Parkway Transportation Corp. > News item |
Grand Parkway Transportation, Texas, plans $733.13 million note deal
By Sheri Kasprzak
New York, Jan. 27 - The Grand Parkway Transportation Corp. of Texas is expected to come to market with $733.13 million of series 2014A subordinate tier toll revenue refunding bond anticipation notes, according to a preliminary official statement.
The notes (/SP-1+/) will be sold through senior manager Goldman, Sachs & Co. The co-managers are BofA Merrill Lynch, J.P. Morgan Securities LLC, Ramirez & Co. Inc., Raymond James/Morgan Keegan, RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Wells Fargo Securities LLC.
The notes are due Dec. 15, 2016.
Proceeds will be used to refund a portion of the corporation's series 2013C 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.