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Published on 6/9/2008 in the Prospect News Municipals Daily.

Kannapolis, N.C., to sell $95 million in bonds Wednesday

By Sheri Kasprzak

New York, June 9 - The City of Kannapolis, N.C., intends to price $95 million in bonds on Wednesday, according to market sources.

The full terms of the sale were not immediately available, but the bonds will be sold on a negotiated basis. Citigroup Global Markets is among the co-managers.


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