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New Mexico Finance Authority to sell $70.67 million revenue bonds
By Sheri Kasprzak
New York, Feb. 13 - The New Mexico Finance Authority plans to price $70,665,000 of series 2014A subordinate state transportation revenue bonds, according to a preliminary official statement.
The bonds (Aa2/AA/) will be sold on a negotiated basis with RBC Capital Markets LLC and Wells Fargo Securities LLC as the senior managers.
The bonds are due 2018 to 2032.
Proceeds will be used to acquire and construct road improvements throughout the state.
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