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Austin, Texas, preps $113.25 million sale of public improvement bonds
By Sheri Kasprzak
New York, Aug. 26 - The City of Austin, Texas, is scheduled to price $113.25 million of series 2013 public improvement bonds on Thursday, according to a preliminary official statement.
The bonds (Aaa/AAA/AAA) will be sold competitively with Public Financial Management Inc. as the financial adviser.
The maturities have not been set.
Proceeds will be used to finance various capital improvements in the city.
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