Hawaii County to bring $50 million G.O. offering Tuesday

By Sheri Kasprzak

New York, Nov. 24 - The county of Hawaii in Hawaii is planning to sell $50 million in series 2008A general obligation bonds Tuesday, according to an offering calendar.

The bonds (A1/A+/A+) will be sold through senior manager Merrill Lynch & Co. and are due 2010 to 2028.

Proceeds will be used for capital improvement projects, including the Waikoloa Workforce Housing Project, West Hawaii Civic Center, Kaloko Housing Program, county building programs and traffic mitigation programs.

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