Nassau County, N.Y., to sell $110 million in G.O. bonds, BABs Sept. 9

By Sheri Kasprzak

New York, Aug. 28 - Nassau County in New York plans to price $110 million in series 2009 general obligation bonds, according to a preliminary official statement. The sale is scheduled for Sept. 9.

The deal includes $89.6 million in series 2009F general obligation bonds and $20.4 million in series 2009G Build America Bonds. The 2009F bonds are due 2011 to 2023 and the 2009G bonds are due 2023 to 2025.

The bonds (A2/A+/A+) will be sold competitively with Public Financial Management, Inc. as the financial adviser.

Proceeds will be used to pay for general capital expenditures.

The Nassau County seat is located in Mineola, N.Y.

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