CHICAGO - The Indiana Finance Authority sold $216 million of mostly taxable Build America Bonds yesterday to wrap up financing for the expansion of the Indianapolis Convention Center, part of a $1 billion development plan that included construction of a new professional football stadium.

The lease appropriation bonds that carry the state's moral obligation pledge of repayment included a $17.67 million Series A and $191.6 million of taxable Series B bonds being sold under the federal stimulus' BAB program. The IFA will apply for the federal government's direct-pay 35% interest subsidy.

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