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Prospect News home > News index > List of issuers M > Headlines for Maryland Department of Transportation > News item
Published on 11/20/2015 in the Prospect News Municipals Daily.

Maryland DOT arranges $325 million consolidated transportation bonds

By Sheri Kasprzak

New York, Nov. 20 – The Maryland Department of Transportation is slated to price $325 million of series 2015 third issue consolidated transportation bonds on Dec. 2, according to a preliminary official statement.

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

The bonds are due 2018 to 2030.

Proceeds will be used to finance transportation capital projects.


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