North Carolina preps $312.82 million sale of G.O. bonds for Tuesday

By Sheri Kasprzak

New York, March 11 - The State of North Carolina plans to price $312.82 million of series 2013E general obligation refunding bonds on Tuesday, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold competitively with Davenport & Co. LLC as the financial adviser.

The bonds are due 2013 to 2021.

Proceeds will be used to refund the state's series 2002D and 2002G G.O. public improvement bonds.

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