Oklahoma Water Resources plans $85 million sale of revenue bonds

By Sheri Kasprzak

New York, March 8 - The Oklahoma Water Resources Board is expected to sell $85 million of series 2011A revolving fund revenue bonds, said a preliminary official statement.

The bonds will be sold through senior manager Bank of America Merrill Lynch. The co-managers are BOSC Inc. and Wells Nelson & Associates LLC.

The bonds are due 2012 to 2031.

Proceeds will be used to make subsidized loans to qualified government entities to construct and improve wastewater treatment facilities.

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