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Published on 1/23/2009 in the Prospect News Municipals Daily.

Archdiocese of New Orleans purchases $38.18 million of revenue refunding bonds

By Jennifer Chiou

New York, Jan. 23 - The Louisiana Public Facilities Authority announced the purchase of some of its $68.05 million of revenue and revenue refunding bonds, series 2007, by the Roman Catholic Church of the Archdiocese of New Orleans on Jan.13.

The Archdiocese settled and purchased $38.18 million total of bonds.

Affected securities include $835,000 of 5% bonds due July 1, 2016; $920,000 of 5% bonds due July 1, 2017; $290,000 of 5% bonds due July 1, 2019; $880,000 of 5% bonds due July 1, 2020; $1.98 million of 5% bonds due July 1, 2021; $1.08 million of 5% bonds due July 1, 2022; $1 million of 5% bonds due July 1, 2023; $1 million of 5% bonds due July 1, 2031; and $30.19 million of 4.5% bonds due July 1, 2031.


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