Kansas Development Finance to price $63.215 million bonds Thursday

By Sheri Kasprzak

New York, Sept. 12 - The Kansas Development Finance Authority plans to price $63.215 million in series 2008L revenue bonds on Thursday, according to a notice of sale released Friday.

The bonds (Aa2/AA/) will be sold on a competitive basis with Columbia Capital Management as the financial adviser.

The bonds are due 2009 to 2028.

Proceeds will be used to provide the state Department of Administration with funds for the state capitol project, to refund a bond anticipation note, to provide funds to the state Department of Corrections to refund a bond anticipation note and to provide funds for the University of Kansas School of Pharmacy project.

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