BRADENTON, Fla. — After a successful and rare competitive deal last year, Appalachian State University in northwestern North Carolina this week plans to competitively sell $25.8 million of general revenue refunding bonds.

Proceeds will be used to take advantage of the low interest rate environment and lock in debt service savings to refund all or portions of the university’s 2002, 2003A and 2005 bonds, officials said.

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