ATLANTA -- A Kentucky judge has denied a request to bar the sale of a $280 million refunding bond issue planned by the state's turnpike authority, allowing the deal to move forward after a two-month delay.

The Kentucky Turnpike Authority will sell its bond issue next Tuesday through a syndicate led by Lazard Freres & Co., said Roger Peterman, the issuer's counsel. The decision followed an Aug. 13 ruling by the Franklin Circuit Court denying the request for the restraining order.

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