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La. sells $200M in bonds for building projects
BATON ROUGE, La. (AP) — Louisiana sold $200 million in general obligation bonds to generate upfront cash to finance state construction projects, the first such bond sale since September 2006.
The State Bond Commission on Tuesday awarded the winning bid to Barclay's Capital, with the bonds to be paid off over 20 years at an interest rate of just under 4 percent.
Commissioner of Administration...
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