CHICAGO — The Minnesota Public Facilities ­Authority today will take bids on $380 million of new-money and ­refunding state revolving fund bonds, including taxable Build America Bonds, to finance clean water and drinking water loans in a deal that will establish a new modernized indenture.

The offering includes $33 million of BABs, with the proceeds going to fund new loans, and $347 million of tax-exempts that include $16 million of new money for loans. The remainder will current and advance refund debt for about 4.5% in present-value savings, according to authority executive director Terry Kuhlman.

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