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Published on 2/19/2013 in the Prospect News Municipals Daily.

Massachusetts Water plans $285.01 million of revenue refunding bonds

By Sheri Kasprzak

New York, Feb. 19 - The Massachusetts Water Resources Authority plans to price $285.01 million of series 2013A general revenue refunding bonds, according to a preliminary official statement.

The bonds (Aa1/AA+/AA+) will be sold on a negotiated basis through Jefferies & Co., Barclays, BofA Merrill Lynch, Citigroup Global Markets Inc., Fidelity Capital Markets LLC, Janney Montgomery Scott LLC, Morgan Stanley & Co. LLC, Ramirez & Co. Inc. and Wells Fargo Securities LLC.

The maturities have not been set.

Proceeds will be used to refund the authority's series 2002D and 2008F general revenue bonds.


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