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District of Columbia offers $126.75 million revenue refunding bonds
By Sheri Kasprzak
New York, March 15 - The District of Columbia is expected to price $126.75 million in series 2010C adjusted Sifma rate income tax secured revenue refunding bonds, according to a preliminary official statement.
The bonds (Aa2/AAA/AA) will be sold on a negotiated basis with Morgan Stanley & Co. Inc. as the lead manager.
The bonds are due 2010 to 2011.
Proceeds will be used to refund the district's series 2008B bonds.
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