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Chelan County Public Utility District No. 1, Wash., to sell $164.43 million refunding bonds
By Sheri Kasprzak
New York, Oct. 18 - The Chelan County Public Utility District No. 1 of Washington state is expected to price $164.425 million of series 2011C taxable consolidated system revenue refunding bonds, according to a preliminary official statement.
The bonds will be sold on a negotiated basis with Barclays Capital Inc. as the senior manager. The co-managers are J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and Bank of America Merrill Lynch.
The bonds are due 2012 to 2026.
Proceeds will be used to refund the district's outstanding senior consolidated system revenue bonds.
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