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St. Paul Port Authority, Minn., organizes $51 million bond offering
By Sheri Kasprzak
New York, Oct. 9 - The St. Paul Port Authority of Minnesota is expected to sell $51 million of series 2012 revenue bonds for Gerdau, SA during the week of Oct. 8, according to a sales calendar.
The bonds will be sold through senior manager Bank of America Merrill Lynch.
Proceeds will be used to construct and equip facilities owned and operated by Gerdau, a Brazilian steelmaker.
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