Hanley Road Corridor Transportation Development, Mo., to sell $51.04 million revenue bonds

By Sheri Kasprzak

New York, Aug. 13 - The Hanley Road Corridor Transportation Development District in Missouri is expected to bring to market $51.035 million in series 2009 transportation sales tax revenue bonds during the week of Aug. 17, according to a sales calendar.

The bonds (/A/) will be sold through lead manager Stifel, Nicolaus & Co. Inc.

The bonds are due 2011 to 2020 with term bonds due 2024, 2029 and 2039.

Proceeds will be used to fund improvements to the Hanley Road corridor in St. Louis.

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