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Fort Bend County, Texas, to sell $119.15 million of toll road bonds
By Sheri Kasprzak
New York, May 29 - Fort Bend County of Texas plans to price $119.15 million of series 2012 unlimited tax and subordinate lien toll road revenue refunding bonds, according to a preliminary official statement.
The bonds (Aa1//AA+) will be sold on a negotiated basis with Loop Capital Markets LLC and Raymond James/Morgan Keegan.
The bonds are due 2014 to 2032.
Proceeds will be used to refund the county's series 2003 and 2004 unlimited tax toll road revenue bonds.
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