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Published on 7/1/2009 in the Prospect News Municipals Daily.

Monroe County, N.Y., plans $81.3 million G.O. public improvement bonds

By Aaron Hochman-Zimmerman

New York, July 1 - Monroe County, N.Y., will issue $81.3 million in series 2009A-B general obligation public improvement bonds (Aa2/AAA/AA) on July 7, according to a calendar of upcoming sales.

Jefferies & Co. Inc. will act as underwriter to the negotiated deal. Assured Guaranty Corp. will provide insurance for the credit, which carries Baa2, BBB+ and BBB ratings.

The series 2009A bonds have serial maturities from 2010 to 2029, while the series 2009B bonds have serial maturities from 2011 to 2029.


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