Nassau County, N.Y., plans to sell $150 million in G.O. bonds June 22

By Sheri Kasprzak

New York, June 16 - Nassau County in New York is set to sell $150 million in series 2009 general obligation bonds on June 22, according to a preliminary official statement.

The bonds (A2/A+/A+) will be sold on a competitive basis with Public Financial Management, Inc. as the financial adviser.

The deal includes $135.3 million in series 2009C general improvement bonds and $14.7 million in series 2009D sewer and storm water resources district bonds.

Both bonds are due Oct. 1, 2039.

Proceeds will be used to fund general public improvements and water and storm water improvements.

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