Montgomery County, Md., offers $156.26 million of G.O. bonds

By Cristal Cody

Tupelo, Miss., Feb. 2 – Montgomery County of Maryland is marketing $156,255,000 of general obligation bonds (Aaa/AAA/AAA), according to a preliminary official statement.

The series A consolidated public improvement refunding bonds have serial maturities from 2018 through 2031.

The bonds will be offered via a competitive sale on March 26.

Davenport & Co. LLC is the financial advisor for the deal.

Proceeds will be used to refund certain outstanding general obligation bonds.

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