Pennsylvania plans to sell $386.54 million general obligation bonds

By Cristal Cody

Tupelo, Miss., Sept. 29 -The Commonwealth of Pennsylvania expects to sell $386.535 million in general obligation bonds, according to a preliminary official statement.

The first refunding series 2010 bonds have serial maturities from 2011 through 2023.

The bonds will price through a competitive sale on Oct. 6.

Public Financial Management Inc. is the financial adviser.

Proceeds will be used to refund certain maturities from outstanding G.O. bonds, including the second series 2003, first series 2004, second series 2004 and first series 2007A issues.

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