Maine Ready for Retail Sale of $97 Million of Refunding GOs

Piazza, Johanna
June 2003
Bond Buyer;6/6/2003, Vol. 344 Issue 31651, p38
Trade Publication
Maine is preparing the retail portion of a $97 million general obligation refunding on June 6, 2003 that will retire bond anticipation notes issued throughout the past year. UBS PaineWebber Inc. is the senior underwriter on the fixed-rate issue, which will include $70.2 million in tax-exempt general purpose bonds and an additional $26.9 million of taxable bonds. According to assistant state treasurer Adam Krea, recent bond sales have been selling between one-third and one-half in the retail market.


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