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Published on 10/22/2012 in the Prospect News Municipals Daily.

El Paso arranges $82.2 million of G.O. refunding bonds for Tuesday

By Sheri Kasprzak

New York, Oct. 22 - The City of El Paso, Texas, plans to price $82.2 million of series 2012 certificates of obligation and general obligation refunding bonds on Tuesday, according to a sales calendar.

The deal includes $61.5 million of series 2012 combination tax and revenue certificates of obligation and $20.7 million of series 2012 general obligation refunding bonds.

The bonds (//AA) will be sold through RBC Capital Markets LLC.

Proceeds will be used to finance various public improvements and to refund existing city debt.


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