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Trumbull, Conn., to sell $59.86 million G.O.s and G.O. BANs Wednesday
By Sheri Kasprzak
New York, Aug. 22 - The Town of Trumbull, Conn., is scheduled to sell $59.86 million of series 2011 general obligation bonds and G.O. bond anticipation notes on Wednesday, according to a preliminary official statement.
The bonds and notes will be sold competitively with Phoenix Advisors LLC as the financial adviser.
The deal includes $26.31 million of series 2011 G.O. bonds and $33.55 million of series 2011 G.O. bond anticipation notes.
The 2011 G.O. bonds are due 2012 to 2031. The 2011 G.O. BANs are due Sept. 7, 2012.
Proceeds will be used to fund improvements to the city's sewer system and schools.
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