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Published on 11/17/2010 in the Prospect News Municipals Daily.

District of Columbia to sell $63.64 million revenue refunding bonds

By Sheri Kasprzak

New York, Nov. 17 - The District of Columbia is expected to price $63.64 million of series 2010E income tax secured revenue refunding bonds, according to a preliminary official statement.

The bonds (//AA+) will be sold on a negotiated basis with Morgan Stanley & Co. Inc. and Loop Capital Markets LLC.

Proceeds will be used to refund the city's series 2010C refunding bonds, which are due Dec. 1, 2010.


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