Published: April 7, 2022

Oregon will price pandemic-delayed lottery bonds next week

With Oregon lottery revenues back ahead of projections, its Department of Administrative Services heads to market next week to price $214.3 million in lottery revenue bonds it originally planned to sell in 2020.

Leading a 10-bank syndicate, Goldman Sachs & Co and Citi will price on Tuesday $91.3 million in tax-exempt and $123 million in taxable bonds. PFM is the municipal advisor and Hawkins Delafield & Wood is bond counsel.

The state lottery revenue bonds were affirmed at Aa2 by Moody’s Investors Service and AAA by S&P Global Ratings. Both assign stable outlooks.

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