Transactions
Dec. 11, 2001
Orrick Herrington: GOLDEN STATE SETS RECORD WITH $5.7 BILLION OFFERING
The state of California has completed a $5.7 billion issuance of revenue anticipation notes, making the transaction reportedly the largest single municipal finance offering in U.S. history.
The offering closed Oct. 4.
The state will use the cash infusion to even out imbalances between revenues and expenditures during the cour...
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