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Lower Colorado River Authority, Texas, eyes $134.46 million bond sale
By Sheri Kasprzak
New York, Aug. 28 – The Lower Colorado River Authority of Texas is set to price $134,455,000 of series 2015D refunding revenue bonds on Wednesday, according to a preliminary official statement.
The bonds (/A/A) will be sold on a negotiated basis with Barclays as the senior manager. The co-managers are BofA Merrill Lynch, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Rice Financial Products Co. and Wells Fargo Securities LLC.
The bonds are due 2016 to 2032.
Proceeds will be used to refund existing revenue bonds.
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