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Dallas to sell $293.9 million revenue refunding and improvement bonds
By Sheri Kasprzak
New York, Feb. 3 - The city of Dallas is gearing up to sell $293.9 million in series 2009 revenue refunding and improvement bonds for its civic center complex, according to a preliminary official statement released Tuesday.
The bonds (Aa2/AAA/) will be sold on a negotiated basis with J.P. Morgan Securities Inc. and Siebert Brandford Shank & Co. as the senior managers. The co-managers are RBC Capital Markets Corp., Southwest Securities Inc., Walton Johnson & Co., Barclays Capital Inc., Goldman, Sachs & Co. and Morgan Stanley & Co. Inc.
Proceeds will be used to refund the city's series 1998 bonds and to fund construction costs related to the civic center project.
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