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Published on 1/27/2009 in the Prospect News Municipals Daily.

New Issue: Washington Suburban Sanitary District, Md., prices $165 million 20-year public improvement bonds

By Aaron Hochman-Zimmerman

New York, Jan. 27 - The Washington Suburban Sanitary District in Maryland priced $165 million 20-year 2009 consolidated public improvement bonds, according to J.D. Noell, group leader for disbursements.

Yields averaged at 3.65% over the maturities which ranged from 2009 to 2029, but full details were not immediately available.

Proceeds will be used to fund the construction or repair of sewage facilities or to replace short-term bond anticipation notes.

The district is headquartered in Laurel, Md.

Issuer: Washington Suburban Sanitary District

Issue: 2009 consolidated public improvement bonds

Amount:$165 million
Maturities:2009 to 2028
Type: Competitive

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