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Kansas Development Finance delays sale of $112.575 million bonds
By Sheri Kasprzak
New York, Sept. 17 - The Kansas Development Finance Authority has postponed the sale of its $112.575 million in series 2008DW Kansas water supply revolving loan fund revenue bonds, said Jim MacMurray, the authority's vice president of finance.
No new pricing date has been set at this time, MacMurray said.
The bonds (/AAA/AAA) had been slated to sell on a negotiated basis Wednesday with Citigroup Global Markets as the senior manager.
The bonds are due 2009 to 2029.
Proceeds will be deposited to the state's loan fund for distribution to local governments.
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