Oklahoma City organizes $50 million sale of G.O. bonds for Tuesday

By Sheri Kasprzak

New York, March 26 - The City of Oklahoma City is set to sell $50 million of series 2012 general obligation bonds on Tuesday, according to a preliminary official statement.

The bonds (Aaa/AAA/) will be sold on a competitive basis with Public Financial Management Inc. as the financial adviser.

The bonds are due 2015 to 2032.

Proceeds will be used to finance the construction, reconstruction, improvement, widening and repair of certain city streets; construction, improvement and repair of city bridges; construction and installation of traffic control improvements; improvement of parks, playgrounds, community centers, swimming pools, piers, public docks, gymnasiums and other parks and recreation facilities; and the construction of fire stations, fire training facilities and other fire department facilities, as well as new police facilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.