DALLAS — Louisiana will use floating-rate bonds with a three-year hard-put maturity to refinance $200 million of variable-rate general obligation bonds issued in 2008 for debt-service relief to hurricane-battered local issuers.

The State Bond Commission accepted the recommendation of its financial adviser to issue the floating-rate refinancing bonds, which will be tied to a percentage of the London Interbank Offered Rate that remains to be negotiated.

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