DALLAS — The Port Authority of Houston is issuing $300 million of general obligation debt this week to take out commercial paper for the port’s expansion and refund bonds sold in 2008.

The refunding is led by Bank of America Merrill Lynch. It has six co-managers: Jefferies & Co., RBC Capital ­Markets, Siebert Brandford Shank & Co., Ramirez & Co., Rice Financial Products, and Wells Fargo Securities.

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