Charles County, Md., to issue $56.25 million G.O. bonds June 21

By Sheri Kasprzak

New York, June 13 - Charles County, Md., is set to price $56.25 million of series 2011 general obligation bonds on June 21, according to a preliminary official statement.

The offering includes $52.25 million of series 2011 tax-exempt consolidated public improvement and refunding bonds and $4 million of series 2011 taxable public improvement bonds.

The bonds will be sold competitively with Davenport & Co. LLC as the financial adviser.

The tax-exempt bonds are due 2013 to 2028, and the taxable bonds are due 2013 to 2027.

Proceeds will be used to fund improvements to county facilities, as well as to refund the county's series 2003 and 2004 bonds.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.