North Carolina preps $320.17 million sale of G.O. bonds for Sept. 28

By Sheri Kasprzak

New York, Sept. 17 - The State of North Carolina is gearing up to bring $320.17 million in series 2010C general obligation refunding bonds on Sept. 28, said a preliminary official statement.

The bonds will be sold competitively with Davenport & Co. LLC as the financial adviser.

The bonds are due 2018 to 2022.

Proceeds will be used to refund all or a portion of the state's series 2003 G.O. highway bonds, series 2004 G.O. highway bonds and series 2005A public improvement bonds.

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