Wake County, N.C., delays sale of $421.72 million G.O. refunding bonds

By Cristal Cody

Tupelo, Miss., April 28 - Wake County, N.C., postponed its competitive sale of $421.72 million in general obligation refunding bonds, according to a source.

Additional information was not immediately available.

The bonds were expected to price thorough a competitive sale on Wednesday.

The series 2010C bonds (Aaa/AAA/AAA) have serial maturities from 2013 through 2026.

Waters and Co. LLC is the financial adviser.

Proceeds will be used to refund the county's series 2003A-B, 2004, 2005, 2007 and 2009A bonds.

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