DALLAS – Glendale, Ariz., the once and future Super Bowl site that staked its future on professional sports, has taken a downgrade as it prepares to refund about $145 million of debt.

The Phoenix suburb is scheduled to price two deals this week, starting with $86.2 million of senior-lien water and sewer refunding bonds Tuesday and $58.6 million of senior-lien excise tax revenue refunding bonds on Wednesday’s calendar. Robert W. Baird is lead manager, with JNA Consulting as financial advisor.

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