Bonds

Bond Offering

State Highway Capital Improvement Revenue and Revenue Refunding Bonds, Series 2020B and Series 2020C (Oklahoma Department of Transportation Project)*

Offering Summary

Bond Details

Par Amount
$193,315,000
Retail Order Period Begins
October 20, 2020
Sale Date
October 20, 2020
Closing Date
November 12, 2020
Method of Sale
Negotiated
Bond Type
Fixed Rate
Principal Payment Dates
July 1
Interest Payment Dates
January 1 & July 1
Optional Redemption
Expected - 10 Year Call (Series 2020B)

Additional Information

*Preliminary and subject to change

State Highway Capital Improvement Revenue Bonds, Tax-Exempt Series 2020B 
Par Amount: $171,055,000
Tax Status: Tax-Exempt

State Highway Capital Improvement Revenue Refunding Bonds, Federally Taxable Series 2020C 
Par Amount: $22,260,000
Tax Status: Federally Taxable

Offering Participants

Lead Manager

JP Morgan
JP Morgan

Rhett Bredy

(214) 965-4407

rhett.m.bredy@jpmorgan.com

Co-Manager

Morgan Stanley
Morgan Stanley

Troy Madres

(512) 322-5760

troy.madres@morganstanley.com

Stifel
Stifel

Josh Benninghoff

(303) 291-5240

benninghoff@stifel.com

Municipal Advisor

Bond Counsel

Underwriter's Counsel

Floyd Law Firm

Lynne Driver

(405) 364-6660

lynne@floydlawpc.com

Trustee Bank