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Honolulu to price $377.91 million G.O.s April 8
By Sheri Kasprzak
New York, March 27 - The City and County of Honolulu plans to price $377.91 million in series 2009 general obligation bonds on April 8, according to a preliminary official statement.
The sale includes $294.01 million in series 2009A bonds, which are due 2014 to 2034; $33.98 million in series 2009B bonds, which are due 2012 to 2017; and $49.92 million in series 2009C bonds, which are due 2011 to 2013.
The bonds (Aa2/AA/) will be sold on a negotiated basis with Merrill Lynch & Co. Inc. and Piper Jaffray & Co. as the senior managers.
Proceeds will be used to refund outstanding debt.
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