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Oklahoma City Economic Development to sell $143.7 million of tax apportionment bonds
By Sheri Kasprzak
New York, March 25 - The Oklahoma City Economic Development Trust is expected to price $143.7 million of series 2013 tax apportionment bonds during the week of March 25, according to a sales calendar.
The deal includes $117.8 million of series 2013A taxable bonds and $25.9 million of series 2013B tax-exempt bonds.
The bonds (Aa2) will be sold through BofA Merrill Lynch.
Proceeds will be used to refund $95 million of privately placed series 2009 tax anticipation notes and finance public improvements for the city.
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