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Published on 4/29/2010 in the Prospect News Municipals Daily.

Charleston County School District in South Carolina to price $61.4 million G.O. refunding bonds

By Cristal Cody

Tupelo, Miss., April 29 -The Charleston County School District in South Carolina intends to price $61.4 million of general obligation refunding bonds, according to a preliminary official statement.

The series 2010A bonds (Aa2/AA/) have serial maturities from 2011 through 2025.

The district plans to offer the bonds through a competitive sale on May 6, according to the statement.

Public Financial Management, Inc. is the financial advisor.

Proceeds will be used to defease and advance refund all or a portion of the district's series 2001 general obligation bonds maturing 2013 through 2025 and the series 2001B refunding general obligation bonds maturing 2013 through 2021.


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