California schedules $110 million of veterans G.O. bonds for Thursday

By Sheri Kasprzak

New York, Sept. 12 – The State of California is expected to price $110 million of series CJ non-AMT veterans general obligation bonds on Thursday, said a notice of sale.

The bonds (Aa2/AA/AA-) will be sold on a competitive basis with Public Resources Advisory Group as the financial adviser.

The bonds are due 2016 to 2020 and 2031 to 2035.

Proceeds will be used to reimburse the Department of Veterans’ Affairs for contracts of purchase made under the state’s 1943 fund and to fund future contracts.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.