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Published on 8/16/2012 in the Prospect News Municipals Daily.

Sam Rayburn Municipal Power, Texas, arranges $112.45 million bond sale

By Sheri Kasprzak

New York, Aug. 16 - The Sam Rayburn Municipal Power Agency of Texas is set to price $112.45 million of series 2012 power supply system revenue refunding bonds, according to a preliminary official statement.

The bonds (/BBB+/BBB+) will be sold through senior managers FirstSouthwest Co. and Citigroup Global Markets Inc.

The bonds are due 2013 to 2021.

Proceeds will be used to refund the agency's series 2002A-B revenue bonds.


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