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El Paso, Texas, arranges $100.38 million of G.O. and refunding bonds
By Sheri Kasprzak
New York, April 7 - The City of El Paso, Texas, is set to price $100.38 million of series 2014 general obligation improvement and refunding bonds, according to a preliminary official statement.
The bonds (/AA/AA) will be sold through Barclays with Raymond James/Morgan Keegan and RBC Capital Markets LLC as the co-managers.
The bonds are due 2015 to 2039.
Proceeds will be used to finance improvements to the city's parks and recreation facilities, as well as to refund the city's series 2005 G.O. refunding bonds.
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