Nassau County, N.Y., preps $125 million sale of G.O. bonds for Dec. 2

By Sheri Kasprzak

New York, Nov. 24 - Nassau County of New York plans to sell $125 million of series 2010 general obligation bonds on Dec. 2, said a notice of sale.

The offering include $53 million of series 2010E tax-exempt general improvement bonds and $72 million of series 2010F Build America Bonds.

The bonds (A1/A+/AA-) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The 2010E bonds are due 2012 to 2025 and the 2010F bonds are due 2026 to 2035.

Proceeds will be used to finance capital projects in the county.

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