Honolulu planning to sell $234.65 million G.O. bonds, BABs Tuesday

By Sheri Kasprzak

New York, Oct. 30 - The city of Honolulu plans to sell $234.645 million in series 2009 general obligation bonds on Tuesday, according to a calendar of upcoming deals.

The sale includes $140.285 million in series 2009D G.O. bonds, $50.46 million in series 2009E Build America Bonds and $43.9 million in series 2009F G.O. bonds.

The bonds (//AA) will be sold through lead managers Merrill Lynch & Co. and Piper Jaffray & Co.

The 2009D bonds are due 2014 to 2034 and the 2009E bonds are due 2014 to 2034. The 2009F bonds are due 2014 to 2020.

Proceeds will be used to refund the city's series 1993 and 1997 bonds, as well as to fund the expansion of the city's waste-to-energy facility.

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