CHICAGO — Wisconsin is readying the sale of up to $246 million of transportation revenue bonds as lawmakers head back to work to tackle an agenda that includes the state's pressing transportation needs.

The deal, which could price as soon as Thursday, includes an even split of new-money borrowing and refunding with the new money earmarked for statewide projects and the refunding expected to achieve traditional present-value savings in the range of 8%, said assistant capital finance director David Erdman.

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