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Maryland Department of Transportation preps $300 million bond offering
By Sheri Kasprzak
New York, Jan. 29 – The Maryland Department of Transportation is set to price $300 million of series 2015 consolidated transportation bonds on Feb. 11, said a preliminary official statement.
The bonds (Aa1/AAA/AA+) will be sold competitively with Public Financial Management Inc. and Strategic Solutions Center LLC as the financial advisers.
The bonds are due 2018 to 2030.
Proceeds will be used to finance capital projects.
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