DALLAS — Phoenix is preparing to issue $710 million of revenue bonds next week to ­finance a five-mile automated transit system linking Sky Harbor International Airport’s terminal to the city’s new light-rail line as well as parking and rental car facilities.

The negotiated deal ranks as the largest in the city’s history. Barclays Capital and Bank of America Merrill Lynch are senior managers of an underwriting team that includes six co-managers. Transportation consulting firm Frasca and Associates is financial adviser.

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