SAN FRANCISCO — California’s Bay Area Toll Authority will sell $800 million of taxable and tax-exempt debt this week to help fund massive modernization projects that include replacement of the eastern span of the San Francisco-Oakland Bay Bridge.

BATA will sell $400 million of subordinate-lien revenue Build America Bonds and $400 million of subordinate revenue tax-exempt paper backed by bridge tolls with terms up to 40 years and fixed rates.

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