By Sheri Kasprzak
New York, Oct. 15 – Sublette County, Wyo., sold $62.8 million of series 2014 revenue bonds for the ExxonMobil project, according to an official statement.
The deal includes $40.3 million of series 2014 non-AMT pollution control revenue bonds and $22.5 million of series 2014 AMT pollution control revenue bonds.
The bonds (Aaa/P-1) were sold through BofA Merrill Lynch.
Both tranches are due Oct. 1, 2044 and initially bear interest at the daily rate.
Proceeds will be used to acquire and construct air and water pollution control and sewage and solid waste disposal facilities at ExxonMobil’s Black Canyon Well Field and Dehydration Facilities in Sublette County, Wyo.
| Issuer: | Sublette County, Wyo./ExxonMobil
|
| Issue: | Series 2014 revenue bonds
|
| Amount: | $62.8 million
|
| Type: | Negotiated
|
| Underwriter: | BofA Merrill Lynch
|
| Rating: | Moody’s: Aaa/P-1
|
| Pricing date: | Oct. 14
|
| Settlement date: | Oct. 21
|
|
|
| $40.3 million non-AMT bonds
|
| Maturity | Type | Coupon | Price
|
| Oct. 1, 2044 | Term | Daily | 100
|
|
|
| $22.5 million AMT bonds
|
| Maturity | Type | Coupon | Price
|
| Oct. 1, 2044 | Term | Daily | 100
|
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