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Wake County, N.C., offers $194.55 million of refunding bonds
By Sheri Kasprzak
New York, May 4 – Wake County, N.C., is set to price $194,545,000 of series 2016A limited obligation refunding bonds, according to a preliminary official statement.
The bonds (Aa1/AA+/AA+) will be sold on a negotiated basis with BofA Merrill Lynch as the lead manager and Baird & Co. and J.P. Morgan Securities LLC as the co-managers.
The bonds are due 2019 to 2036.
Proceeds will be used to refund the county’s series 2009 and 2010 limited obligation bonds.
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