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Published on 8/13/2008 in the Prospect News Municipals Daily.

Tennessee to price $141.16 million G.O. bonds Aug. 20

By Cristal Cody

Springdale, Ark., Aug. 13 - Tennessee plans to price $141.16 million general obligation bonds through a competitive sale on Aug. 20, according to a notice of sale.

The $125.8 million series 2008A and $15.36 million series 2008B bonds have serial maturities from 2009 through 2028.

Public Financial Management is the financial adviser for the sale.

Proceeds will be used to refund outstanding commercial paper and to finance capital projects.


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