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Massachusetts set to sell $419.26 million transportation bonds Tuesday
By Sheri Kasprzak
New York, May 7 - The Commonwealth of Massachusetts is slated to price $419.26 million of series 2012A commonwealth transportation fund revenue bonds Tuesday, according to a preliminary official statement.
The bonds (Aaa/AAA/) will be sold competitively with Public Resources Advisory Group as the financial adviser.
The bonds are due 2013 to 2041.
Proceeds will be used to finance bridge-related capital expenditures for the commonwealth.
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