Series 2016 General Obligation Public Improvement & Refunding Bonds
Tentative sale date: April 20, 2016
On March 12, 2016, the County Board approved the sale of the Series 2016 General Obligation Public Improvement & Refunding Bonds. The bonds are expected to be sold on a negotiated basis on or around April 20, 2016. There will not be a targeted retail order period for County residents as part of this year’s sale, however individuals interested in purchasing bonds can contact one of the underwriters participating in this year’s sale to discuss options. The County has selected Bank of America Merrill Lynch, PNC Capital Markets, Citigroup, and Morgan Stanley as underwriters for this year’s sale. The Series 2016 bonds have been rated Aaa/AAA/AAA by Moody’s, Fitch, and Standard & Poor’s.
For more information please contact Jason Friess in the Department of Management and Finance at 703-228-3422.