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Prospect News home > News index > List of issuers M > Headlines for Maryland Department of Transportation > News item
Published on 11/12/2013 in the Prospect News Municipals Daily.

Maryland Department of Transportation to price $250 million of bonds

By Sheri Kasprzak

New York, Nov. 12 - The Maryland Department of Transportation plans to price $250 million of series 2013 second issue consolidated transportation bonds, said a preliminary official statement. The offering is set to price on Nov. 20.

The bonds (Aa1/AAA/AA+) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The bonds are due 2016 to 2028.

Proceeds will be used to finance transportation projects within the state.


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