Anne Arundel County, Md., plans $154.08 million G.O. sale for Thursday

By Sheri Kasprzak

New York, June 17 - Anne Arundel County of Maryland is scheduled to price $154.08 million of series 2013 general obligation bonds on Thursday, according to a preliminary official statement.

The offering includes $116 million of consolidated general improvement bonds and $38.08 million of consolidated water and sewer bonds.

The bonds will be sold competitively with Public Resources Advisory Group as the financial adviser.

The general improvement bonds are due 2014 to 2033. The water and sewer bonds are due 2014 to 2043.

Proceeds will be used to finance general capital improvements and improvements to the county's water and sewer system, as well as to retire the county's series A-B bond anticipation notes.

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