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Virginia Public Building to sell $298.5 million of revenue bonds
By Sheri Kasprzak
New York, Sept. 29 - The Virginia Public Building Authority is scheduled Wednesday to sell $298.5 million of series 2011 public facilities revenue bonds, according to a preliminary official statement.
The offering includes $280 million of series 2011A bonds and $18.5 million of series 2011B taxable bonds.
The bonds will be sold competitively with Public Resources Advisory Group LLC as the financial adviser.
The 2011A bonds are due 2012 to 2031, and the 2011B bonds are due 2012 to 2031.
Proceeds will be used to fund capital projects.
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