BRADENTON, Fla. — North Florida’s Mid-Bay Bridge Authority expects to price $170 million of new and refunding springing-lien revenue bonds Thursday.

Proceeds from $145 million of Series A bonds will finance an 11-mile expressway connector from the north end of the existing Mid-Bay toll bridge to State Road 85, and pay capitalized interest through July 2014, debt service reserves, and costs of issuance. The new-money portion of the deal is structured with 30-year maturities.

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