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El Paso, Texas, to bring $80 million in certificates week of Sept. 21
By Sheri Kasprzak
New York, Sept. 18 - El Paso, Texas, is set to sell $80 million in series 2009 certificates of obligation during the week of Sept. 21, according to a sales calendar.
The bonds (Aa3//AA-) will be sold through senior manager Merrill Lynch & Co. Inc.
The offering includes $40 million in series 2009A tax-exempt certificates and $40 million in series 2009B Build America Bonds.
Proceeds will be used to fund assorted improvements, including drainage and transportation improvements, as well as fleet replacement.
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