Kansas Development Finance to sell $55.06 million revenue bonds

By Sheri Kasprzak

New York, Nov. 15 - The Kansas Development Finance Authority is set to price $55.06 million of series 2011B revenue bonds on Wednesday, according to a notice of sale.

The bonds (Aa2/AA/) will be sold on a competitive basis with Columbia Capital Management LLC as the financial adviser.

The bonds are due 2012 to 2031.

Proceeds will provide funds to the Kansas Department of Administration for the renovation, reconstruction and repair of the Kansas State Capitol building.

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