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Kentucky Housing offers $107.86 million housing revenue bonds due 2041
By Cristal Cody
Tupelo, Miss., April 4 - Kentucky Housing Corp. expects to sell $107.86 million in two tranches of housing revenue bonds due Nov. 1, 2041 (expected Aaa/AAA/), according to preliminary official statements.
The offering includes $52.94 million of series 2013A bonds and $54.92 million of series 2013B bonds.
Citigroup Global Markets Inc. and BofA Merrill Lynch will manage the negotiated sales.
Kentucky Housing plans to use the proceeds to refund outstanding debt.
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