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Published on 7/11/2014 in the Prospect News Municipals Daily.

New Mexico Finance Authority plans $57.12 million sale of revenue debt

By Sheri Kasprzak

New York, July 11 – The New Mexico Finance Authority is expected to price $57,115,000 of series 2014B revolving fund revenue bonds on July 24, according to a notice of sale.

The bonds (Aa1/AAA/) will be sold competitively with Western Financial Group LLC as the financial adviser.

The bonds are due 2015 to 2035.

Proceeds will be used to originate loans to local governmental units for capital projects.


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