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Published on 6/5/2009 in the Prospect News Municipals Daily.

Los Angeles Harbor Department to sell refunding revenue bonds

By Sheri Kasprzak

New York, June 5 - The Harbor Department of the City of Los Angeles is expected to sell series 2009C refunding revenue bonds, said a letter to bondholders released Friday.

The exact amount of the bonds was not immediately available Friday.

De La Rosa & Co. and Goldman, Sachs & Co. are the managers for the sale.

Proceeds will be used to refund existing Harbor Department debt.


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