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Published on 10/28/2010 in the Prospect News Municipals Daily.

Horry County, S.C., to price $60.13 million airport revenue bonds

By Sheri Kasprzak

New York, Oct. 28 - Horry County in South Carolina plans to price $60.13 million in series 2010 airport revenue bonds, according to a preliminary official statement.

The offering includes $50.39 million in series 2010A non-AMT bonds and $9.74 million in taxable recovery zone economic development bonds.

The bonds (A3/A-/) will be sold through Morgan Stanley & Co. Inc. with Citigroup Global Markets Inc., Jefferies & Co. and Piper Jaffray & Co. as the co-managers.

The maturities have not been set.

Proceeds will be used to finance capital improvements to the county airport's terminals.


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