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Published on 10/28/2014 in the Prospect News Municipals Daily.

Arkansas offers $206.53 million of revenue bonds; pricing Nov. 5

By Cristal Cody

Tupelo, Miss., Oct. 28 – The State of Arkansas intends to price $206.53 million of federal highway grant anticipation and tax general obligation revenue bonds, according to a notice of sale.

The series 2014 bonds (Aa1/AA/) are due 2015 through 2026.

The bonds will price via a competitive offering on Nov. 5.

Stephens Inc. is the financial adviser for the deal.

Proceeds from the transaction will be deposited into a program fund.


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