N.C. GO Deal Highlights Natural Gas

DeSue, Tedra
December 2004
Bond Buyer;12/14/2004, Vol. 350 Issue 32029, p1
Trade Publication
The article discusses North Carolina's $830 million deal, which would be used to continue projects that entail running natural gas pipelines to rural areas. Of the total, $16 million of natural gas bonds will be sold as taxable debt, and about $110 million will be refunding bonds. The rest of the deal includes about $706 million of public improvement bonds. All the bonds will be sold competitively with Helms, Mulliss & Wicker as bond counsel for the public improvement bonds and Alston & Bird as bond counsel for the natural gas and refunding bonds. Bane of America Securities is the financial adviser for the refunding piece.


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