Virginia School Authority to sell $66.28 million financing bonds for Prince William County

By Cristal Cody

Prospect News, July 23 - The Virginia Public School Authority intends to price $66,275,000 of special obligation school financing bonds for Prince William County, according to a preliminary official statement.

The series 2012 bonds (Aaa/AAA/) have serial maturities from 2013 through 2032.

The issue will price through a competitive sale on Aug. 1.

BB&T Capital Markets LLC and Public Financial Management, Inc. are the financial advisers.

Proceeds will be used by the county to fund various capital school improvement projects.

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