Tuesday, May 22, 2007

Texas's Harris County, Pennsylvania to Lead Sellers of Municipal Bonds

(Bloomberg) -- Texas's Harris County and
Pennsylvania are selling a total of about $800 million of bonds
in today's largest debt offerings by U.S. states and
municipalities.

Houston's county government is issuing $425 million of
insured bonds backed by toll-road revenue in a deal managed by
JPMorgan Chase & Co. Pennsylvania, the sixth-most populous
state, is taking bids from investment banks seeking to
underwrite $373 million of general obligation debt.


Read more at Bloomberg Bonds News

No comments: