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Published on 6/2/2014 in the Prospect News Municipals Daily.

Maryland Department of Transportation to price $100 million of bonds

By Sheri Kasprzak

New York, June 2 - The Maryland Department of Transportation is scheduled to price $100 million of series 2014 consolidated transportation bonds on June 11, according to a notice of sale.

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

The bonds are due 2017 to 2029.

Proceeds will be used to finance capital projects under the department's consolidated transportation program.


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