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Published on 8/16/2010 in the Prospect News Municipals Daily.

Indiana Finance Authority plans $70.05 million offering of highway revenue refunding bonds

By Sheri Kasprzak

New York, Aug. 16 - The Indiana Finance Authority is set to sell $70.045 million in series 2010A highway revenue refunding bonds, according to a preliminary official statement.

The bonds will be sold through senior manager Bank of America Merrill Lynch. The co-managers are Edward Jones & Co., Siebert Brandford Shank & Co. LLC and Blaylock Robert Van LLC.

The bonds are due 2012 to 2022.

Proceeds will be used to refund existing highway improvement bonds.


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