Hamilton County, Tenn., readies $103.81 million sale of G.O. bonds

By Cristal Cody

Tupelo, Miss., April 5 - Hamilton County, Tenn., expects to price $103.81 million of general obligation bonds (Aaa/AAA/AAA), according to a preliminary official statement.

The offering includes $59,345,000 of series 2013A bonds due 2014 through 2028 and $44,465,000 of series 2013B bonds due 2014 through 2023.

The bonds will price via a competitive sale on Wednesday.

Public Financial Management, Inc. is the financial advisor.

Proceeds will be used to pay the principal outstanding of the county's commercial paper bond anticipation notes, provide funds for the payment or reimbursement of various school and governmental projects and refund a portion of the county's series 2008 G.O. bonds.

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