Virginia planning to bring $133.89 million in G.O. bonds on June 10

By Sheri Kasprzak

New York, June 1 - Virginia plans to price $133.89 million in series 2009 general obligation bonds on June 10, according to a preliminary official statement.

The sale includes $125.225 million in series 2009A G.O.s and $8.665 million in series 2009B G.O.s.

The bonds will be sold competitively with Public Financial Management Inc. as the financial adviser.

The 2009A bonds are due 2010 to 2029 and the 2009B bonds are due 2021 to 2024.

Proceeds will be used to finance capital projects for educational, park and recreational facilities, as well as to refund existing debt.

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