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Published on 6/17/2013 in the Prospect News Municipals Daily.

Reno, Nev., prepares $64.67 million sale of general obligation bonds

By Sheri Kasprzak

New York, June 17 - The City of Reno, Nev., plans to price $64.67 million of series 2013 general obligation bonds during the week of June 17, according to a sales calendar.

The bonds (A1) will be sold through J.P. Morgan Securities LLC.

The deal includes $33.93 million of series 2013A G.O. capital improvement refunding bonds, $28.51 million of series 2013B limited tax G.O. bonds and $2.23 million of series 2013C limited tax G.O. building refunding bonds.

Proceeds will be used to refund existing G.O. debt.


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