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Oklahoma City—The Oklahoma Capital Improvement Authority (OCIA) announced today it is offering $13.24 million of State Agency Facilities Revenue Bonds TaxExempt Series 2020D (Oklahoma Department of Human Services Project) and $48.955 million of State Agency Facilities Revenue Bonds Federally Taxable Series 2020E (Oklahoma Tourism and Recreation Department Project) on December 3, 2020.
The bonds will be offered via negotiated sale through the OCIA’s underwriting syndicate, led by co-senior managers Morgan Stanley and Bank of Oklahoma, with Raymond James as co-manager on the transaction. The Municipal Advisor is Hilltop Securities.
A Preliminary Official Statement has been released and is available at www.ociabonds.com. The OCIA’s bonds are rated “AA-” by S&P and Fitch.
For more information:
Deputy State Treasurer/OCIA Director
Oklahoma House and Senate announce budget agreement.
April Gross Receipts to the Treasury plunged by more than half a billion dollars as the coronavirus pandemic disrupts Oklahoma’s economy, State Treasurer Randy McDaniel announced.
Gross receipts in April total $1.08 billion, a drop of $502.5 million, or 31.8 percent, from April 2019.
Bond Buyer article summarizing the Oklahoma fiscal year 2021 Budget