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Massachusetts School Building readies $150 million sales tax bond deal
By Sheri Kasprzak
New York, Jan. 4 – The Massachusetts School Building Authority is set to price $150 million of series 2016A senior dedicated sales tax bonds on Wednesday, according to a preliminary official statement.
The bonds (Aa2/AA+/AA+) will be sold competitively with Acacia Financial Group Inc. as the financial adviser.
The bonds are due 2016 to 2045.
Proceeds will be used to finance capital improvements to Massachusetts public schools.
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