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Published on 8/14/2009 in the Prospect News Municipals Daily.

Mecklenburg County, N.C., set to sell $132.02 million in G.O. bonds

By SheriKasprzak

New York, Aug. 14 - Mecklenburg County in North Carolina is expected to sell $132.02 million in series 2009C general obligation refunding bonds, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold through senior managers Citigroup Global Markets Inc. and Merrill Lynch & Co. Inc.

The bonds are due 2015 to 2020.

Proceeds will be used to refund the county's series 1996C, 1998C and 2000E bonds.

The county seat of Mecklenburg County is Charlotte, N.C.


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