|
|
Article: Kentucky Agency Dealing BABs.(The Regions)
- Article from:
- The Bond Buyer
- Article date:
- October 28, 2009
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Shelly Sigo
BRADENTON, Fla. - The Kentucky State Property and Buildings Commission today expects to complete pricing $393.3 million of new-money lease revenue bonds, a large portion of which is expected to sell as taxable Build America Bonds.
The book-runner, Morgan Stanley, began pricing the negotiated sale yesterday with retail investors and it concludes today with institutional sales.
Proceeds of the bonds are being used toward funding a variety of projects, including education, economic development, infrastructure development for counties, state mental health facilities, public safety, various university and technical college ...