DALLAS — The Lower Colorado River Authority, one of the largest wholesale energy providers in Texas, aims to take advantage of favorable interest rates with a $426 million refunding deal this week.

The negotiated deal with Barclays Capital as senior manager is expected to price on Wednesday. Co-managers include Goldman, Sachs & Co., Bank of America Merrill Lynch and Morgan Stanley. OBP Muni serves as financial adviser, with McCall, Parkhurst & Horton as bond counsel

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