Louisiana Local Government Environmental Facilities to price $68.65 million revenue bonds

By Sheri Kasprzak

New York, Aug. 17 - The Louisiana Local Government Environmental Facilities and Community Development Authority is set to sell $68.65 million in series 2010 revenue bonds, according to a preliminary official statement.

The bonds (A1/A+/) will be sold on a negotiated basis with Morgan Keegan & Co. Inc. as the lead manager. The co-managers are Coastal Securities Inc., Crews & Associates Inc., Doley Securities LLC and Stephens Inc.

The bonds are due 2020 to 2025.

Proceeds will be used to install a student information system at Louisiana Community and Technical College System schools throughout the state.

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