Sparks Marina in Nevada to sell $103 million revenue bonds Wednesday

By Sheri Kasprzak

New York, June 3 - The Sparks Marina in Nevada plans to price $103 million in sales tax anticipated revenue bonds Wednesday, according to a calendar of upcoming deals.

The bonds (Baa2) will be sold on a negotiated basis with Citigroup Global Markets as the lead manager.

The sale includes $77 million in series 2008A bonds, which are due 2023 and 2028, and $26 million in series 2008B bonds due 2020 and 2027.

Proceeds will be used for the construction of the Legends entertainment and retail center at the marina.

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