Erie Water Authority, Pa., to sell $63 million of water revenue bonds

By Sheri Kasprzak

New York, Nov. 26 - The Erie City Water Authority of Pennsylvania is set to price $63 million of series 2012 water revenue bonds during the week of Nov. 26, according to a sales calendar.

The bonds (A1) will be sold on a negotiated basis and are insured by Assured Guaranty Municipal Corp.

Proceeds will be used to current refund the authority's series 2006 term bonds, as well as to fund capital projects.

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