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San Joaquin County Transportation, Calif., to sell $211.79 million revenue bonds Wednesday
By Sheri Kasprzak
New York, Feb. 7 - The San Joaquin County Transportation Authority of California is scheduled to sell $211.785 million of series 2011A Measure K sales tax revenue bonds on Wednesday, according to a sales calendar.
The bonds (Aa3/AA/) will be sold through senior manager J.P. Morgan Securities LLC with Barclays Capital Inc. and Citigroup Global Markets Inc. as the co-managers.
The bonds are due 2014 to 2031 with term bonds due in 2036 and 2041.
Proceeds will be used to finance transportation projects, defease the authority's series 2008 commercial paper notes and fund debt service requirements.
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