DuPage County, Ill., plans $66.96 million sale of taxable G.O. bonds

By Sheri Kasprzak

New York, Oct. 22 - DuPage County, Ill., is set to price $66.961 million in series 2010 taxable general obligation bonds, according to a preliminary official statement.

The offering includes $20.925 million in series 2010A Build America Bonds and $46.036 million in series 2010B recovery zone economic development bonds.

The bonds (Aaa/AAA/) will be sold through Wells Fargo Bank, NA. The co-managers are Bernardi Securities Inc., BMO Capital Markets and Cabrera Capital Markets LLC.

The maturities have not been set.

Proceeds will be used to construct, acquire and improve flood prevention projects, administrative buildings, the county jail and courthouse, transportation projects and the county's convalescent center.

© 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.