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Fort Worth, Texas, coordinates $99.2 million of certificates, bonds
By Sheri Kasprzak
New York, Aug. 19 - The City of Fort Worth, Texas, plans to price $99.2 million of series 2013 bonds and certificates of obligation, according to a preliminary official statement.
The deal includes $35,755,000 of series 2013 general purpose refunding and improvement bonds and $63,445,000 of series 2013 combination tax and revenue certificates of obligation.
The bonds and certificates will be sold through Citigroup Global Markets Inc. The co-managers are Barclays, BOSC Inc., Stephens Inc. and M.R. Beal & Co.
The 2013 bonds are due 2014 to 2033. The certificates are due 2014 to 2034.
Proceeds will be used to finance storm sewer system and street improvements, as well as improvements to park facilities and to refund existing debt.
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