Durham County, N.C., to price $55.89 million G.O. refunding bonds

By Sheri Kasprzak

New York, Oct. 8 - The County of Durham in North Carolina is set to price $55.885 million in series 2009 general obligation refunding bonds, according to a preliminary official statement.

The bonds (Aaa/AAA/) will be sold through senior manager Stephens Inc. The co-managers are Jackson Securities Inc. and Merrill Lynch & Co. Inc.

The bonds are due 2011 to 2022.

Proceeds will be used to refund the county's series 2000 and 2002B bonds.

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