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Hampton, Va., intends to price $58.61 million G.O. bonds Tuesday
By Sheri Kasprzak
New York, March 1 - The City of Hampton in Virginia is set to sell $58.605 million in series 2010 general obligation bonds on Tuesday, according to a calendar of upcoming deals.
The offering includes $52.155 million in series 2010A G.O. public improvement and refunding bonds and $6.45 million in series 2010B taxable G.O. public improvement direct pay Build America and recovery zone economic development bonds.
The bonds (Aa2/AA+/AA) will be sold on a negotiated basis with Morgan Keegan & Co. Inc. and Siebert Brandford Shank & Co. LLC.
Proceeds will be used to fund general capital projects throughout the city.
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