The Virginia Resources Authority Tuesday expects to price $78 million of pooled financing revenue bonds for 18 local borrowers.

The VRA expects to sell $53.5 million of infrastructure revenue bonds, including $10.3 million of Build America Bonds, as senior-lien bonds supported by borrowers’ general obligation and revenue pledges and the state aid intercept program, which can divert state money due to the municipality if it misses a loan payment.

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