Monroe County, N.Y., arranges $95.87 million public improvement bonds

By Sheri Kasprzak

New York, June 15 – Monroe County, N.Y., is scheduled to price $95,865,000 of series 2015 public improvement bonds and bond anticipation notes on Thursday, said a preliminary official statement.

The deal includes $85.03 million of series 2015 bonds and $10,835,000 of series 2015 notes.

The bonds (Baa1/A/) and notes (/SP-1/) will be sold competitively with Capital Market Advisors LLC as the financial adviser.

The bonds are due 2016 to 2035. The notes are due June 30, 2016.

Proceeds will be used to finance capital improvement projects and redeem outstanding bond anticipation notes.

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