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Published on 4/17/2009 in the Prospect News Municipals Daily.

Harris County, Texas, to bring $220 million toll road bonds Tuesday

By Sheri Kasprzak

New York, April 17 - Harris County in Texas is scheduled to price $220 million in series 2009A toll road senior-lien revenue bonds (Aa3/AA-/AA-) on Tuesday, according to a calendar of upcoming offerings.

The bonds will be sold on a negotiated basis with Siebert Brandford Shank & Co. LLC.

Co-managers are J.P. Morgan Securities Inc., Citigroup Global Markets Inc., Jefferies & Co., Loop Capital Markets LLC, Piper Jaffray & Co. and RBC Capital Markets Corp.

The proceeds will be used to repair roads damaged during Hurricane Ike in 2008.


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