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Published on 10/5/2015 in the Prospect News Municipals Daily.

Yuma Municipal Property, Ariz., to price senior-lien utility system revenue refunding bonds

By Cristal Cody

Tupelo, Miss., Oct. 5 – The Yuma Municipal Property Corp., Ariz., is marketing $92,425,000 of senior-lien utility system revenue refunding bonds, according to a preliminary official statement.

The series 2015 bonds (A1/A+/AA-) have serial maturities from 2016 through 2032.

The notes will be offered competitively on Tuesday.

TLHocking & Associates LLC is the financial advisor.

Proceeds will be used to refund the outstanding series 2007 senior-lien utility system revenue bonds.


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