Chester County, Pa., to price $121.87 million G.O. bonds Wednesday

By Sheri Kasprzak

New York, Jan. 6 - Chester County in Pennsylvania is planning to sell $121.865 million in series 2009 general obligation bonds Wednesday, according to a preliminary official statement.

The bonds (Aaa) will be sold on a negotiated basis through lead manager Merrill Lynch & Co.

The co-managers are Citigroup Global Markets Inc. and Sovereign Securities Corp.

The bonds are due 2009 to 2029.

Proceeds will be used to refund the county's series 2001, 2003, 2004, 2006 and 2007 G.O. bonds, as well as the Delaware Valley Regional Finance Authority's series 2007B, 2007C and 2007D G.O. bonds.

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