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Published on 1/18/2012 in the Prospect News Municipals Daily.

Indiana Finance preps $173.86 million state revolving fund bonds sale

By Sheri Kasprzak

New York, Jan. 18 - The Indiana Finance Authority is set to price $173,855,000 of series 2012A state revolving fund program refunding bonds, according to a preliminary official statement.

The bonds will be sold through senior managers Bank of America Merrill Lynch and Goldman, Sachs & Co. The co-managers are Jefferies & Co.; CastelOak Securities LP; J.J.B Hilliard, W.L. Lyons LLC; Raymond James & Associates Inc.; and Ramirez & Co. Inc.

The bonds are due 2013 to 2014 and 2020 to 2027.

Proceeds will be used to refund existing debt.


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