Nashville and Davidson County, Tenn., plans $337.89 million bonds

By Sheri Kasprzak

New York, April 8 - The Metropolitan Government of Nashville and Davidson County, Tenn., is set to price $337,885,000 of series 2013A general obligation improvement bonds, according to a preliminary official statement.

The bonds (Aa1/AA/) will be sold on a negotiated basis with Goldman Sachs & Co. as the senior manager. The co-managers are J.P. Morgan Securities LLC, Piper Jaffray & Co., Rice Financial Products Co., Jefferies & Co., Raymond James/Morgan Keegan, Duncan-Williams Inc. and Fifth Third Securities Inc.

The bonds are due 2020 to 2033.

Proceeds will be used to construct, equip, acquire and furnish capital projects and to retire a portion of the government's commercial paper bond anticipation notes.

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