CHICAGO — The Iowa Finance Authority will compete for investor interest in a crowded market Tuesday with the sale of $293 million of triple-A rated, new-money and refunding state revolving fund revenue bonds that tap the Build America Bond program.

The transaction is the first state revolving fund deal being issued under an amended trust indenture that is expected to strengthen the already top-rated SRF program. The program carries triple-A ratings from all three rating agencies.

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