Baltimore County, Md., to sell $200 million of G.O. BANs Wednesday

By Sheri Kasprzak

New York, Nov. 10 - Baltimore County, Md., is set to price $200 million of series 2011 general obligation bond anticipation notes on Wednesday, according to a preliminary official statement.

The notes will be sold competitively with Public Resources Advisory Group as the financial adviser.

The offering is comprised of $60 million of metropolitan district BANs and $140 million of consolidated public improvement BANs.

The notes are due Dec. 17, 2012.

Proceeds will be used to provide interim funding for the construction, acquisition and development of water, sewerage, drainage, public works and other infrastructure projects within the county.

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