Port of Houston considers $235 million sale of refunding bonds

By Sheri Kasprzak

New York, Dec. 14 - The Port Commission of the Port of Houston Authority plans to discuss the sale of $235 million in unlimited tax refunding bonds during its meeting Tuesday, according to a statement from the authority.

The authority plans to sell the series 2010 bonds in principal of up to $234.63 million.

Proceeds from the deal will be used to refund the authority's series 1993 and 1999 bonds.

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