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Published on 2/29/2012 in the Prospect News Municipals Daily.

Long Beach Bond Finance, Calif., arranges $100 million sale of bonds

By Sheri Kasprzak

New York, Feb. 29 - The Long Beach Bond Finance Authority of California is set to price $100 million of series 2012 refunding revenue bonds for the Aquarium of the Pacific project, according to a preliminary official statement.

The bonds (A1) will be sold through senior manager Loop Capital Markets LLC with De La Rosa & Co. Inc. and Morgan Stanley & Co. LLC as the co-managers.

The maturity dates have not been set.

Proceeds will be used to refund and defease existing debt.


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