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Phoenix Industrial Development, Ariz., plans $100 million bond sale
By Sheri Kasprzak
New York, Dec. 1 – The Phoenix Industrial Development Authority of Arizona is set to price $100 million of series 2014 lease revenue bonds for the Guam Facilities Foundation Inc., according to a preliminary official statement.
The bonds will be sold through Barclays.
The bonds are due 2016 to 2041.
Proceeds will be used to finance the construction of a gymnasium, office building and other school facilities at the foundation’s John. F. Kennedy High School operated by the Government of Guam.
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