DALLAS -- Texas named a 13-member team to underwrite the state's largest-ever taxable bond sale with a $300 million offering by year-end to fund the new Texas Workers' Compensation insurance pool.

Glen Hartman, executive director of the Texas Public Finance Authority, which will issue the bonds, said the three-member board yesterday named Texas-based Rauscher, Pierce, Refsnes Inc., Estrada Securities of Dallas, and PaineWebber as co-senior managers for the issue.

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