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Published on 7/17/2014 in the Prospect News Municipals Daily.

Alabama in pipeline with $200.6 million of G.O. refunding bonds

By Cristal Cody

Tupelo, Miss., July 17 – The State of Alabama plans to price $200,625,000 of general obligation refunding bonds, according to a preliminary official statement.

The series 2014-A bonds will price via a competitive sale on July 24.

Rice Advisory, LLC is the financial advisor.

The bonds have serial maturities from 2017 through 2026.

Proceeds will be used to refunding outstanding debt of the state.


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