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City of Industry, Calif., plans $330 million sales tax revenue bonds
By Sheri Kasprzak
New York, Nov. 16 – The City of Industry, Calif., is expected to price $330 million of series 2015A taxable senior sales tax revenue refunding bonds on Wednesday, according to a preliminary official statement.
The bonds (A1/A/) will be sold through Stifel, Nicolaus & Co.
The bonds are due 2017 to 2051.
Proceeds will be used to finance capital expenditures for the city, as well as to refund the city’s series 2008 sales tax revenue bonds.
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