The Rhode Island Convention Center Authority is scheduled to sell competitively a $95 million new money issue tomorrow, as the specter of a yet unsold $225 million advance refunding looms on the horizon.

In May, the authority announced its intention to sell the refunding bonds through negotiated sale, but market conditions have stalled the deal's pricing since it was announced, according to both financial and legal officials involved with the sale.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.