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Louisiana organizes $162 million offering of general obligation bonds
By Sheri Kasprzak
New York, May 16 - The State of Louisiana is set to price $162 million of series 2013C general obligation refunding bonds, according to a preliminary official statement.
The bonds (Aa2/AA/AA) will be sold on a negotiated basis with Goldman, Sachs & Co. and Raymond James/Morgan Keegan as the senior managers.
The bonds are due 2013 to 2026.
Proceeds will be used to refund the state's series 2006A and 2008A G.O. bonds.
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