By Aaron Hochman-Zimmerman
New York, Jan. 22 - Westchester County in New York priced series 2009 general obligation bonds (Aaa/AAA/AAA), but terms were not immediately available, according to John Waltman of the county.
The sale was planned at a size of $135.16 million.
Citigroup acted as the underwriter for the negotiated issue.
Maturities were expected from 2011 to 2024 for the series A bonds, 2011 to 2029 for the series B bonds and 2009 to 2019 for the series C bonds.
Proceeds are intended for capital improvements as well as the construction of water and sewer facilities and refunding series 2003 bonds.
Issuer: Westchester County
Issue: Series 2009 general obligation bonds
Type: Negotiated
| Underwriter: | Citigroup
|
| Ratings: | Moody's: Aaa
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| Standard & Poor's: AAA
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| Fitch: AAA
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| Series 2009A maturities: 2011 to 2024
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| Series 2009B maturities: 2011 to 2029
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| Series 2009C maturities: 2009 to 2019
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