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Maryland Water Quality preps $180 million bay restoration bond sale
By Sheri Kasprzak
New York, Nov. 16 – The Maryland Water Quality Financing Administration is scheduled to price $180 million of series 2015 bay restoration fund revenue bonds on Tuesday, according to a preliminary official statement.
The bonds (Aa2/AA/) will be sold competitively with First Southwest Co. as the financial adviser.
The bonds are due 2018 to 2030.
Proceeds will be used to finance local government grants to make major wastewater upgrades.
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