CHICAGO - Oshkosh, Wis., will take taxable and tax-exempt bids today on two separate tranches of general obligation debt totaling $20 million - marking the second competitive transaction of its kind by an issuer looking for a side-by-side comparison of the value of the Build America Bond subsidy.

The transaction includes a Series A of $16.7 million of corporate purpose GOs that mature serially between 2010 and 2028 and are callable beginning in 2019. The winning bidder can seek to convert the latter maturities to term bonds. The Series B is for $2.9 million of GO corporate purpose notes that mature between 2010 and 2018 with a call in 2017.

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