Minnesota Public Facilities to bring $379.34 million bonds Tuesday

By Sheri Kasprzak

New York, March 19 - The Minnesota Public Facilities Authority plans to bring to market on Tuesday $379.335 million in series 2010 state revolving fund bonds on Tuesday, according to a sale calendar.

The bonds (//AAA) will be sold on a competitive basis.

The sale includes $346.07 million in series 2010A bonds and $33.265 million in series 2010B bonds.

The 2010A bonds are due 2011 to 2027 and the 2010B bonds are due 2020 to 2028.

Proceeds will be used to purchase clean drinking water loans, as well as to refund existing debt.

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