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Orlando-Orange County Expressway to sell $203 million refunding revenue bonds
By Sheri Kasprzak
New York, Feb. 21 - Orlando-Orange County Expressway Authority plans to price $203 million in refunding revenue bonds, according to a Fitch Ratings report.
The pricing date could not be determined by press time Thursday.
Fitch gave the bonds an A rating, and according to a Fitch statement, the proceeds will refund a portion of outstanding debt. The refunding is expected to achieve a 4% present value savings, the Fitch report contends.
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