By Cristal Cody
Tupelo, Miss., Oct. 8 - The Kentucky State Property and Buildings Commission priced $398.505 million revenue bonds with a 5.49% true interest cost, a source said Wednesday.
The sale included $375 million series 90, $18.5 millions series 91 and $5.005 million taxable series 92 bonds.
Morgan Stanley & Co. Inc. was the senior manager of the negotiated sale, and Citigroup Global Markets was the co-manager.
Additional pricing terms were not immediately available.
| Issuer: | Kentucky State Property and Buildings Commission
|
| Issue: | Revenue bonds
|
| Amount: | $398.505 million
|
| Type: | Negotiated
|
| True interest cost: | 5.49%
|
| Underwriter: | Morgan Stanley & Co. Inc. (lead); Citigroup Global Markets (co-manager)
|
| Rating: | Fitch: AA-
|
| Pricing date: | Oct. 7
|
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