Seattle set to price $140.105 million G.O. bonds Wednesday

By Cristal Cody

Springdale, Ark., June 12 - Seattle, Wash., plans to price $140.105 million general obligation improvement and refunding bonds in a competitive sale on Wednesday, according to a preliminary official statement released Thursday.

The series 2008 bonds (Aa1/AAA/AA+) have serial maturities from 2009 through 2028.

Seattle-Northwest Securities Corp. is the city's financial adviser.

Proceeds will be used for projects and to refund the outstanding series 1996C and 1996D variable-rate bonds.

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