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Louisiana Public Facilities arranges $94.4 million of refunding bonds
By Sheri Kasprzak
New York, May 6 – The Louisiana Public Facilities Authority is set to price $94.4 million of series 2015 nineteenth judicial district court building project revenue refunding bonds, according to a preliminary official statement.
The bonds (A2/AA/) will be sold on a negotiated basis with Raymond James/Morgan Keegan as the senior manager.
The bonds are due 2016 to 2030 with term bonds due in 2035, 2041, 2046 and 2051.
Proceeds will be used to refund the authority’s series 2007 bonds, which were issued to construct courtrooms, judicial chambers and administrative space for the court in Baton Rouge.
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