Washington Metro Area Transit Authority to sell $310.21 million revenue bonds Tuesday

By Sheri Kasprzak

New York, May 28 - The Washington Metropolitan Area Transit Authority is set to price $310.21 million in series 2009 gross revenue transit bonds on Tuesday, according to a sales calendar.

A retail order period is set for Monday.

The sale includes $256.21 million in series 2009A bonds and $54 million in series 2009B taxable Build America Bonds.

Goldman, Sachs & Co. is the lead manager.

Proceeds will be used for transit improvements.

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