DALLAS — Louisiana will enter the new-money market Tuesday for the first time since 2009 with a competitive sale of $300 million of general obligation bonds.

Proceeds from the sale will replenish the state's comprehensive capital-outlay escrow fund, which finances projects on a list developed by Gov. Bobby Jindal and the Legislature. The state typically pays for the construction of such projects with a line of credit, which is reimbursed with bond proceeds when the facility becomes operational.

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