TITLE

Bigger July GO Sale Set

AUTHOR(S)
Ackerman, Andrew
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/22/2006, Vol. 356 Issue 32386, p35
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plans of Delaware to sell 172 million dollars in general obligation bonds to finance capital spending projects in the state. It will set aside around 43 million dollars for sale to retail investors. Merrill Lynch & Co. will be the book-runner of the transaction. According to state director of bond finance Stephanie Scola, issuance would only be 160 million dollars but the rising costs for fuel, concrete and steel for school projects pushed up borrowing needs.
ACCESSION #
20989587

 

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