Memphis to price $98.605 million general improvement bonds Wednesday

By Sheri Kasprzak

New York, April 17 - The city of Memphis plans to price $98.605 million in series 2008 general improvement bonds on Wednesday, a preliminary official statement said Thursday.

The bonds are due in a serial structure from 2011 to 2028 and will be sold on a competitive basis.

Proceeds from the sale will be used to retire bond anticipation notes.

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