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Hawaii to sell $534.33 million in G.O. bonds Wednesday via Citigroup
By Sheri Kasprzak
New York, Feb. 5 - Hawaii is scheduled to price $534.325 million in series 2010 general obligation and G.O. refunding bonds on Wednesday, according to a preliminary official statement.
The sale includes $312 million in series 2010DX G.O. bonds and $222.325 million in series 2010DY G.O. refunding bonds.
The bonds (Aa2/AA/AA) will be sold through senior manager Citigroup Global Markets Inc. The co-manager is Bank of America Merrill Lynch.
The 2010DX bonds are due 2015 to 2030 and the 2010DY bonds are due 2015 to 2020.
Proceeds will be used to refund several series of the state's existing bonds.
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