Lake Charles Harbor and Terminal, La., to sell $309 million of bonds

By Sheri Kasprzak

New York, Dec. 14 - The Lake Charles Harbor and Terminal District of Louisiana plans to sell $309 million of series 2012 revenue bonds for the Lake Charles Clean Energy LLC Project, according to a preliminary official statement.

The bonds (P-1) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager.

The bonds are due Dec. 1, 2042.

Proceeds will be used to construct a poly-generation gasification plant in Calcasieu Parish, La.

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