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Nassau County, N.Y., organizes $210 million sale of short-term notes
By Sheri Kasprzak
New York, June 14 - Nassau County, N.Y., plans to price $210 million of series 2013 revenue anticipation notes, according to a preliminary official statement.
The offering includes $155 million of series 2013A notes and $55 million of series 2013B notes.
The notes (/SP-1+/F1) will be sold through senior managers J.P. Morgan Securities LLC and Ramirez & Co. Inc.
The 2013A notes are due March 31, 2014, and the 2013B notes are due April 30, 2014.
Proceeds will be used to finance capital needs for the county.
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