Published on 1/29/2016 in the Prospect News Municipals Daily.
New Issue: Louisiana brings $254.63 million of bond anticipation notes
By Sheri Kasprzak
New York, Jan. 29 – The State of Louisiana sold $254,625,000 of series 2016A general obligation bond anticipation notes, according to a notice of issuance from the state treasurer’s office.
The notes are due Oct. 15, 2016 and have a 0.5% coupon.
Proceeds will be used to temporarily fund capital improvement projects for the state.
| Issuer: | State of Louisiana
|
| Issue: | Series 2016A general obligation bond anticipation notes
|
| Amount: | $254,625,000
|
| Maturity: | Oct. 15, 2016
|
| Coupon: | 0.5%
|
| Pricing date: | Jan. 28
|
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