Industrial Development Authority of Kirkwood, Mo., to sell $172.45 million revenue bonds Wednesday

By Sheri Kasprzak

New York, Jan. 22 - The Industrial Development Authority of the City of Kirkwood, Mo., is expected to price $172.445 million in series 2010 retirement community revenue bonds on Wednesday, according to a sales calendar.

The offering includes $98.345 million in series 2010A revenue bonds, $8.075 million in series 2010B accelerated redemption reset option securities, $32.225 million in series 2010C-1 tax-exempt mandatory paydown securities and $33.8 million in series 2010C-2 tax-exempt mandatory paydown securities.

Ziegler Capital Markets Inc. is the senior manager.

Proceeds will be used to construct the Aberdeen Heights Commons retirement community.

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