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Alabama Public School and College Authority to sell $145.88 million construction bonds Wednesday
By Sheri Kasprzak
New York, Nov. 30 - The Alabama Public School and College Authority is set to sell $145.88 million in series 2009D capital improvement pool qualified school construction bonds on Wednesday, according to a sales calendar.
The bonds (Aa2/AA/AA) will be sold through senior manager Morgan Stanley & Co. The co-managers are Frazer Lanier Co. Inc., Joe Jolly & Co. Inc. and First Tuskegee Bank.
The bonds are due Dec. 15, 2026.
Proceeds will be loaned to qualified schools and colleges for school construction.
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