Nassau County, N.Y., coordinates $200 million tax anticipation notes

By Sheri Kasprzak

New York, Dec. 7 – Nassau County, N.Y., is prepared to price $200 million of series 2015A general obligation tax anticipation notes, according to a preliminary official statement.

The notes (/SP-1+/F1) will be sold through senior manager J.P. Morgan Securities LLC with Ramirez & Co. Inc. and TD Securities (USA) LLC as the co-managers.

The notes are due Sept. 15, 2016.

Proceeds will be used to meet cash flow deficits for the coming fiscal year.

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