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Published on 4/16/2012 in the Prospect News Municipals Daily.

Metropolitan Transportation Authority, N.Y., offers $600 million bonds

By Sheri Kasprzak

New York, April 16 - The Metropolitan Transportation Authority is set to sell $600 million of series 2012C transportation revenue bonds during the week of April 16, according to a sales calendar.

The bonds (A2//A) will be sold on a negotiated basis with Wells Fargo Securities LLC as the lead manager.

Proceeds will be used to finance approved transit and commuter projects.


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