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Published on 11/3/2009 in the Prospect News Municipals Daily.

Triborough Bridge and Tunnel, N.Y., to sell $150 million BANs Nov. 10

By Sheri Kasprzak

New York, Nov. 3 - The Triborough Bridge and Tunnel Authority in New York plans to price $150 million in series 2009 general revenue bond anticipation notes on Nov. 10, according to a notice of sale.

The notes will be sold on a competitive basis with Goldman, Sachs & Co. as the financial adviser.

The notes are due Nov. 15, 2010.

Proceeds will be used to fund capital projects for the authority, as well as to refinance existing debt.


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