The Puerto Rico Sales Tax Financing Corp. Wednesday plans to sell $1.4 billion of subordinate sales-tax bonds that will finance the commonwealth’s stabilization fund and help balance the current fiscal 2010 budget.

This will be Puerto Rico’s second subordinate sales-tax deal after the corporation sold $4.1 billion of subordinate bonds in early June. Like last year’s transaction, Puerto Rico will offer two days of retail pricing, beginning today, with institutional sales set for Wednesday.

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