Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers N > Headlines for Nassau County > News item |
Nassau County, N.Y., plans $270 million sale of TANs for Tuesday
By Sheri Kasprzak
New York, Nov. 12 - Nassau County, N.Y., is set to sell $270 million of series 2010 general obligation tax anticipation notes on Tuesday, according to a preliminary official statement.
The offering comprises $50 million of series 2010A notes, $120 million of series 2010B notes and $100 million of series 2010C notes.
The 2010A notes are due March 31, 2011; the 2010B notes are due Sept. 15, 2011; and the 2010C notes are due Oct. 15, 2011.
The notes (/SP-1+/F1+) will be sold competitively with Public Financial Management, Inc. as the financial adviser.
Proceeds will be used to meet a cash flow deficit anticipated during the period the notes are outstanding.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.