Maryland to issue $100 million local facilities G.O. bonds on Monday

By Sheri Kasprzak

New York, July 18 - The State of Maryland plans to price $100 million of series 2011A local facilities general obligation bonds on Monday after a retail order period scheduled for Friday, according to a sales calendar.

The bonds (Aaa/AAA/AAA) will be sold through senior manager M&T Securities Inc.

The bonds are due 2014 to 2025.

Proceeds will be used to finance state capital projects.

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