Kansas Department of Transportation schedules $200 million bond deal

By Sheri Kasprzak

New York, Nov. 29 - The Kansas Department of Transportation is slated to price $200 million of series 2012C highway revenue bonds for Dec. 6, according to a preliminary official statement.

The bonds (//AA+) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The bonds are due 2015 to 2032.

Proceeds will be used to construct, reconstruct, maintain and repair state highways; preserve and revitalize rail systems in the state; improve public transit facilities for senior citizens, the disabled and the general public; and make improvements to general aviation facilities in the state.

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