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Published on 10/24/2011 in the Prospect News Municipals Daily.

Hamilton County, Tenn., to bring $86.45 million of G.O. bonds Tuesday

By Sheri Kasprzak

New York, Oct. 24 - Hamilton County in Tennessee is scheduled to price $86.445 million of series 2011 general obligation bonds and G.O. refunding bonds on Tuesday, said a preliminary official statement.

The offering includes $64.88 million of series 2011A G.O. bonds and $21.565 million of series 2011B G.O. refunding bonds.

The bonds (Aaa/AAA/AAA) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The 2011A bonds are due 2013 to 2027, and the 2011B bonds are due 2013 to 2032.

Proceeds will be used to construct, design, acquire and equip various school and governmental projects as well as to repay outstanding commercial paper notes and refund the county's series 2004 G.O. bonds.


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