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Hampton Roads Sanitation, Va., preps $206.85 million wastewater bonds
By Sheri Kasprzak
New York, Feb. 22 – The Hampton Roads Sanitation District of Virginia is set to price $206,845,000 of series 2016A subordinate wastewater revenue bonds, according to a preliminary official statement.
The bonds (/AA/AA) will be sold on a negotiated basis with BofA Merrill Lynch as the senior manager. The co-managers are J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets LLC.
The bonds are due 2016 to 2043.
Proceeds will be used to finance wastewater capital improvements as part of the district’s capital improvement program.
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