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New Mexico to price $70.64 million of severance tax bonds May 21
By Sheri Kasprzak
New York, May 11 - The State of New Mexico is set to sell $70,635,000 of series 2012A severance tax bonds on May 21, according to a preliminary official statement.
The bonds will be sold competitively with Fiscal Strategies Inc. as the financial adviser.
The bonds are due 2013 to 2022.
Proceeds will be used to finance capital improvements authorized by the state legislature.
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