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Published on 3/13/2013 in the Prospect News Municipals Daily.

Howard County, Md., to sell $138 million of G.O. bonds on March 19

By Sheri Kasprzak

New York, March 13 - Howard County, Md., is scheduled to price $138 million of series 2013A general obligation bonds on March 19, according to a preliminary official statement.

The deal includes $99,045,000 of series 2013A consolidated public improvement project and refunding bonds and $38,955,000 of series 2013A metropolitan district project and refunding bonds.

The 2013A consolidated public improvement bonds are due 2014 to 2033, and the 2013A metropolitan district bonds are due 2014 to 2038.

The bonds (Aaa/AAA/AAA) will be sold competitively with Public Financial Management Inc. as the financial adviser.

Proceeds will be used to pay or reimburse the county for certain capital projects and refund existing G.O. bonds and notes.


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