Stamford, Conn., to sell $51.77 million G.O. refunding bonds Wednesday

By Sheri Kasprzak

New York, April 13 - The city of Stamford in Connecticut is set to price $51.765 million in series 2009 general obligation refunding bonds on Wednesday, according to a calendar of sales.

The bonds (Aaa/AAA/) will be sold on a negotiated basis with Morgan Keegan & Co. as the lead manager.

The offering includes $8.665 million in series 2009A bonds and $43.1 million in series 2009B bonds.

The 2009A bonds are due 2014 to 2018 and the 2009B bonds are due 2012 to 2015.

The proceeds will be used to refund the city's outstanding series 2003A, 2004B, 2006B and 2008B bonds.

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