Maryland Sanitary Agency to Issue $35 Million First Piece of Bans

Newman, Emily
June 2003
Bond Buyer;6/23/2003, Vol. 344 Issue 31662, p33
Trade Publication
It has been reported that Maryland's Washington Suburban Sanitary Commission will establish a $ 465 million tax-exempt general obligation multi-modal bond anticipation note program and will issue the first $ 35 million of the program's debt, which will be used to finance the design, extension or enlargement of water and sewer systems of the Washington Suburban Sanitary District. The total $ 465 million includes $ 215 million of Series 2003A and $ 250 million of Series 2003B notes, which were rated AAA/F1-plus by Fitch Ratings Inc. last week.


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