Washington Suburban Sanitary District preps $390 million bond offering

By Cristal Cody

Tupelo, Miss., Oct. 2 – The Washington Suburban Sanitary District of Montgomery and Prince George’s counties in Maryland intends to price $390 million of consolidated public improvement bonds of 2015, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) have serial maturities from 2016 through 2045.

The bonds will be offered competitively on Oct. 14.

The financial advisor is Public Advisory Consultants, Inc.

Proceeds from the offering will be used for funding for the construction or reconstruction of water supply facilities, water supply lines and transmission mains, sewage disposal facilities, water supply lines and sewer collection mains.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.