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Published on 1/29/2015 in the Prospect News Municipals Daily.

Foothill/Eastern Transportation Corridor, Calif., plans $77.63 million

By Sheri Kasprzak

New York, Jan. 29 – The Foothill/Eastern Transportation Corridor Agency of California plans to price $77,626,113.90 of series 2015A capital appreciation senior-lien toll road refunding revenue bonds, according to a preliminary official statement.

The bonds (Ba1/BBB-/BBB-) will be sold on a negotiated basis with Goldman, Sachs & Co. and Barclays as the senior managers.

The bonds are due 2033 to 2035.

Proceeds will be used to refund the agency’s series 1995 revenue bonds.


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