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Published on 6/14/2013 in the Prospect News Municipals Daily.

Nassau County, N.Y., organizes $210 million sale of short-term notes

By Sheri Kasprzak

New York, June 14 - Nassau County, N.Y., plans to price $210 million of series 2013 revenue anticipation notes, according to a preliminary official statement.

The offering includes $155 million of series 2013A notes and $55 million of series 2013B notes.

The notes (/SP-1+/F1) will be sold through senior managers J.P. Morgan Securities LLC and Ramirez & Co. Inc.

The 2013A notes are due March 31, 2014, and the 2013B notes are due April 30, 2014.

Proceeds will be used to finance capital needs for the county.


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