Utah Infrastructure Agency
Overview
| Deal Type |
Debt Capital Markets |
|---|---|
| Size |
$12.6 Million Franchise and Sales Tax Revenue Bonds |
| Client & Transactional Partners |
Utah Infrastructure Agency |
| Our Role |
Sole Manager |
Summary
On April 28, 2022, KeyBanc Capital Markets (KBCM) successfully closed the $6.7 million Franchise and Sales Tax Revenue Bonds (Santa Clara Project), Series 2022 and the $5.9 million Franchise and Sales Tax Revenue Bonds (Cedar Hills Project), Series 2022 (collectively, the Projects) (collectively, the 2022 Bonds) on behalf of the Utah Infrastructure Agency (UIA). KBCM served as Sole Manager for the 2022 Bonds.
The Projects consist of the acquisition, construction, and installation of advanced communications lines, equipment, and related improvements and facilities as part of a fiber optic, open-access network located within the respective Cities. The Projects include the construction of “last mile” or access-level fiber in defined footprints, lateral infrastructure to commercially zoned areas, “curb to the premises” construction and connection to the UIA Network and/or UTOPIA Network where available.
