Massachusetts arranges $525 million sale of G.O. bonds for March 20

By Sheri Kasprzak

New York, March 13 - The Commonwealth of Massachusetts plans to price $525 million of series 2013 general obligation bonds on March 20, said a notice of sale.

The deal includes $450 million of series 2013A consolidated loan G.O. bonds and $75 million of series 2013B taxable consolidated loan G.O. bonds.

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

The 2013A bonds are due 2017 to 2020, 2032 and 2043. The 2013B bonds are due 2014 to 2018.

Proceeds will be used to finance capital projects for the commonwealth.

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