South Carolina to sell $76.84 million of bonds in five series

By Cristal Cody

Prospect News, April 4 - The State of South Carolina plans to sell $76.84 million of general obligation state institution bonds in five parts, according to a notice of sale.

The bonds will price through a competitive sale on April 11.

The deal includes $23,235,000 of series 2012A general obligation refunding bonds for the University of South Carolina; $13,625,000 of series 2012B refunding bonds for the Medical University of South Carolina; $22,815,000 of series 2012C refunding bonds for Clemson University; and $14,565,000 of series 2012D refunding bonds and $2.6 million of series 2012E G.O. bonds for Winthrop University.

Proceeds will be used to refund outstanding bonds.

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