Hawaii County plans $60 million general obligation bond offering

By Sheri Kasprzak

New York, July 6 - The County of Hawaii in Hawaii is expected to price $60 million in series 2010 general obligation bonds, according to a preliminary official statement.

The offering includes $7.95 million in series 2010A bonds and $52.05 million in series 2010B taxable bonds.

The bonds (Aa2/AA-/AA-) will be sold on a negotiated basis with Bank of America Merrill Lynch as the senior manager.

The 2010A bonds are due 2013 to 2016. The 2010B bonds are due 2015 to 2030.

Proceeds will be used to finance county capital improvement projects.

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