Maine plans to sell $130.82 million general obligation bonds Monday

By Sheri Kasprzak

New York, May 28 - Maine is expected to sell its previously announced $130.815 million in series 2009 general obligation bonds (Aa3/AA/) on Monday, according to a calendar of upcoming deals.

The bonds will be sold through senior managers Citigroup Global Markets Inc. and Wachovia Bank with Merrill Lynch & Co. Inc., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. as the co-managers.

The bonds are due 2010 to 2019.

Proceeds will be used to pay for general expenses.

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