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Oklahoma Student Loan Authority preps $211.82 million sale of bonds
By Sheri Kasprzak
New York, March 26 - The Oklahoma Student Loan Authority is set to price $211.82 million of series 2013-1 taxable Libor-indexed floating-rate bonds, according to a preliminary official statement.
The bonds (/AA+(sf)/AAAsf) will be sold on a negotiated basis with RBC Capital Markets LLC as the senior manager.
The bonds are due Feb. 25, 2032.
Proceeds will be used to current refund the authority's series 2004A-3 bonds and to purchase in lieu of redemption its series 2001A-2 bonds.
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