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Published on 6/24/2009 in the Prospect News Municipals Daily.

Louisiana to bring $60.63 million in gasoline and fuel BABs Thursday

By Sheri Kasprzak

New York, June 24 - The state of Louisiana is expected to bring to market $60.625 million in series 2009A-4 gasoline and fuels tax second-lien Build America Bonds (Aa3/AA/) on Thursday, according to a sales calendar.

The bonds will be sold through senior manager Citigroup Global Markets Inc.

The bonds are due May 1, 2043.

Proceeds will be used to construct bridge and highway projects.


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