CHICAGO - The Iowa Finance Authority today expects to price $2.65 million of unrated revenue bonds to help three cash-strapped local governments recover funds lost in the Iowa Trust scandal. The deal comes nearly a month after $9.5 million of revenue bonds were sold to help four other communities in the state recover from the scandal. At present, the authority, which usually sells debt for capital projects throughout the state, does not plan any further issues to benefit victims of the Iowa Trust.

Each of the participants in today's pricing will use its loan to replenish funds for capital improvements.

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