Guam coordinates $404.87 million business privilege tax bond offering

By Sheri Kasprzak

New York, Aug. 21 – The Government of Guam is set to price $404,865,000 of series 2015D business privilege tax bonds, according to a preliminary official statement. Pricing is scheduled for Wednesday.

The bonds (/A/A-) will be sold on a negotiated basis with Barclays and Citigroup Global Markets Inc. as the senior managers.

The bonds are due 2017 to 2039.

Proceeds will be used to refund the government’s series 2007A and 2009A general obligation bonds.

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