Virginia Beach, Va., offers $90 million G.O. public improvement bonds

By Sheri Kasprzak

New York, June 16 - The City of Virginia Beach, Va., plans to issue $90 million of series 2011A general obligation public improvement bonds on Wednesday, according to a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold on a competitive basis with Government Finance Associates Inc. and Public Resources Advisory Group as the financial advisers.

The bonds are due 2012 to 2031.

Proceeds will be used to finance capital improvements throughout the city.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.