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Published on 5/5/2010 in the Prospect News Municipals Daily.

New Issue: Wyandotte County/Kansas City, Kan., sells $150.37 million zero-coupon revenue bonds

By Sheri Kasprzak

New York, May 5 - The Unified Government of Wyandotte County and Kansas City, Kan., priced Wednesday $150.37 million in series 2010B sales tax special obligation capital appreciation revenue bonds, according to a pricing sheet.

The zero-coupon bonds are due June 1, 2021, and were priced to yield 6.07%.

Citigroup Global Markets Inc. was the lead manager.

Proceeds will fund a portion of the costs associated with constructing a multi-sport athletic arena.

Issuer:Unified Government of Wyandotte and Kansas City, Kan.
Issue:Series 2010B sales tax special obligation capital appreciation revenue bonds
Amount:$150.37 million
Maturity:June 1, 2021
Coupon:0%
Yield:6.07%
Type:Negotiated
Underwriter:Citigroup Global Markets Inc. (lead)
Pricing date:May 5
Settlement date:May 14

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