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Published on 1/15/2009 in the Prospect News Municipals Daily.

Mecklenburg County, N.C., plans $90.765 million certificates of participation issue

By Aaron Hochman-Zimmerman

New York, Jan. 15 - Mecklenburg County in North Carolina will sell $90.765 million in series 2009A certificates of participation (Aa1/AA+/AA+), according to a preliminary offering statement.

BB&T Capital Markets and Wachovia Securities will act as underwriters for the issue.

Maturities range from 2010 to 2029.

Proceeds from the sale will be used to finance school improvements and government facilities.


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