Kentucky Economic Development preps $230.05 million revenue bond sale

By Sheri Kasprzak

New York, Aug. 24 – The Kentucky Economic Development Finance Authority is set to price $230.05 million of series 2015A senior revenue bonds for the Next Generation Kentucky Information Highway project on Wednesday, according to a preliminary official statement.

The bonds will be sold through Barclays and BofA Merrill Lynch.

The maturities have not been set.

Proceeds will be used to finance the construction and implementation of the Next Generation Kentucky Information Highway system, a global information system of multiple, interconnected computer networks.

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