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New Hanover County, N.C., intends to sell $82.46 million G.O. bonds
By Sheri Kasprzak
New York, June 7 - The County of New Hanover in North Carolina is set to bring to market $82.46 million in series 2010 general obligation public improvement bonds, according to a preliminary official statement.
The offering includes $52.46 million in series 2010A G.O. public improvement bonds and $30 million in series 2010B taxable G.O. public improvement bonds.
The bonds (Aaa/AA+/) will be sold through Stephens Inc. and Davenport & Co. LLC.
The 2010A bonds are due 2011 to 2030, and the 2010B bonds are due 2022 to 2025 with a term bond due 2030.
Proceeds will be used to fund capital projects.
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