Kansas City, Mo., to price $213.525 million refunding bonds Friday

By Sheri Kasprzak

New York, July 7 - Kansas City, Mo., intends to price $213.525 million in series 2008 special obligation refunding bonds on Friday, according to a preliminary official statement.

The bonds (A2/AA-/AA) will be sold on a negotiated basis with J.P. Morgan Securities Inc. as the lead manager. Oppenheimer & Co., Harveston Securities, Jackson Securities and Wachovia Bank are the co-managers.

The sale includes $195.735 million in series 2008C bonds and $17.79 million in series 2008D bonds.

The bonds are due from 2009 to 2040.

Proceeds will be used to refund bonds used to construct the city's Sprint Center.

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