Bergen County, N.J., organizes $65 million G.O. offering for Wednesday

By Sheri Kasprzak

New York, Dec. 10 - Bergen County, N.J., plans to price $65 million of series 2013C general obligation bonds on Wednesday, according to a preliminary official statement.

The offering includes $57,855,000 of series 2013C-1 general improvement G.O. bonds and $7,145,000 of series 2013C-2 special services/vocational school G.O. bonds.

The 2013C-1 bonds are due 2014 to 2031 and the 2013C-2 bonds are due 2014 to 2029.

The bonds (Aaa) will be sold competitively.

Proceeds will be used to finance general capital improvements within the county, as well as capital improvements at vocational and technical schools within the county.

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