Kentucky buildings commission to price $393.24 million in bonds, BABs

By Sheri Kasprzak

New York, Oct. 22 - The Kentucky State Property and Buildings Commission plans to sell $393.235 million in project No. 96 revenue bonds, according to a preliminary official statement. The sale is set for Wednesday, according to a sales calendar.

The offering included $98.105 million in series 2009A bonds, $14.21 million in series 2009B bonds and $280.92 million in series 2009C Build America Bonds.

Morgan Stanley & Co. Inc. is the senior manager. The co-managers are Citigroup Global Markets Inc., J.J.B. Hilliard, W.L. Lyons LLC, Morgan Keegan & Co. Inc., PNC Capital Markets LLC, Edward D. Jones & Co. LP, First Kentucky Securities Corp., Stifel Nicolaus & Co. Inc., Ross, Sinclaire & Associates LLC, Sterne, Agee & Leach Inc., and Merrill Lynch & Co.

The maturities have not been set.

Proceeds will be used to construct and equip projects for the commission.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.