Washington Suburban Sanitary District, Md., preps $250 million bond sale for Tuesday

By Sheri Kasprzak

New York, Oct. 29 - The Washington Suburban Sanitary District of Maryland is set to price $250 million of series 2012 consolidated public improvement bonds on Tuesday, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold competitively with Public Advisory Consultants as the financial adviser.

The bonds are due 2013 to 2032.

Proceeds will be used to finance the construction or reconstruction of water supply facilities, water supply lines and transmission mains, sewage disposal facilities, sewer collection mains and trunk sewers and commission-built water and sewer pipes in subdivisions.

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