Maryland DOT to sell $110 million in transportation bonds Wednesday

By Sheri Kasprzak

New York, April 23 - The Maryland Department of Transportation is expected to bring $110 million in series 2009 consolidated transportation bonds to market Wednesday, according to a preliminary official statement.

The bonds will be sold competitively with Public Financial Management Inc. as the financial adviser.

The bonds are due 2012 to 2024.

Proceeds will be used to implement the department's highway, transit, port and aviation projects.

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