Nassau County, N.Y., sets $210 million sale of RANs for Tuesday

By Sheri Kasprzak

New York, June 3 - Nassau County in New York is expected to bring to market $210 million in series 2010 revenue anticipation notes on Tuesday, according to a notice of sale.

The offering includes $130 million in series 2010A notes and $80 million in series 2010B notes.

The notes (MIG1/SP-1+/F1+) will be sold competitively with Public Financial Management Inc. as the financial adviser.

The 2010A notes are due March 15, 2011, and the 2010B notes are due April 15, 2011.

Proceeds will be used to fund capital requirements ahead of the collection of certain county revenues.

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