Frederick County, Md., preps $124.82 million general obligation bonds

By Sheri Kasprzak

New York, June 13 – Frederick County, Md., is scheduled to price $124.82 million of series 2016 general obligation public facilities bonds on Wednesday, according to a preliminary official statement.

The deal includes $90 million of series 2016A G.O. public facilities bonds and $34.82 million of series 2016B refunding bonds.

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

Both the 2016A bonds and the 2016B bonds are due 2017 to 2036.

Proceeds will be used to finance capital improvement projects and refund existing debt.

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