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Virginia Beltway Refunds Into Non-AMT Debt

DEC 9, 2010 6:19pm ET

WASHINGTON — The Capital Beltway Funding Corporation of Virginia, the issuer for $589 million for the Capital Beltway expansion project, on Monday will sell refunding bonds to convert its debt to tax-exempt bonds not subject to the alternative minimum tax, taking advantage of the stimulus law provision ­before it expires...

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