Nassau County, N.Y., to sell $190 million RANs due 2010 Thursday

By Sheri Kasprzak

New York, June 1 - The county of Nassau in New York plans to sell $190 million in series 2009A revenue anticipation notes on Thursday, according to a preliminary official statement.

The notes (A2/A+/A+/F1+) are due April 15, 2010.

The notes will be sold competitively with Public Financial Management Inc.

Proceeds will be used to pay for general expenses ahead of the collection of ad valorem taxes.

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