Welcome, Wednesday, March 10, 2010

Loop Capital Markets Leads Deal for the State of Michigan

On October 15, 2009, Loop Capital Markets served as book-running senior manager on $146 million tax-exempt State Trunk Line Fund and Refunding Bonds, Series 2009. The Bonds were issued on behalf of the Michigan Department of Transportation and were backed by vehicle registration fees and motor fuel taxes.  The bond sale raised funds to refund a portion of the State’s outstanding State Trunk Line Fund bonds.