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Houston to sell combined utility system revenue refunding bonds
By Sheri Kasprzak
New York, Oct. 26 - The City of Houston is expected to sell series 2011F combined utility system revenue refunding bonds, according to a preliminary official statement. The full amount of the offering has not yet been determined.
The bonds (/AA/AA) will be sold on a negotiated basis with Estrada Hinojosa & Co. Inc. as the senior manager and Loop Capital Markets LLC as the co-manager.
The maturity dates have not been set.
Proceeds will be used to refund the city's series 2008D-3 combined utility system revenue refunding bonds.
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