King County, Wash., arranges $69.53 million sale of G.O.s for Sept. 17

By Sheri Kasprzak

New York, Sept. 7 - King County, Wash., plans to price $69.53 million of series 2012 public transportation sales tax limited tax general obligation refunding bonds on Sept. 17, according to a preliminary official statement.

The bonds (Aa1/AAA/AA+) will be sold competitively with Seattle-Northwest Securities Inc. as the financial adviser.

The bonds are due 2013 to 2034.

Proceeds will be used to refund the county's series 2002 and 2004 general obligation bonds.

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