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