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Dallas to sell $219.47 million of general obligation refunding bonds
By Sheri Kasprzak
New York, Oct. 1 - The City of Dallas is set to price $219,465,000 of series 2012 general obligation refunding bonds, according to a preliminary official statement.
The bonds (Aa1/AA+/) will be sold on a negotiated basis with M.R. Beal & Co. Inc. and Bank of America Merrill Lynch. The co-managers are Cabrera Capital Markets LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Raymond James/Morgan Keegan, RBC Capital Markets LLC, Siebert Brandford Shank & Co. LLC and Southwest Securities Inc.
The bonds are due 2013 to 2026.
Proceeds will be used to refund the city's series 2004, 2005 and 2006 G.O. bonds.
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