State Treasurer Lemoine to hold Retail Bond Sale
May 15, 2008
(AUGUSTA) State Treasurer Dave Lemoine will sell approximately $102,700,000 of State of Maine General Obligation Bonds on Friday, May 16, 2008 and Monday, May 19, 2008. Friday and Monday sales will be restricted to retail purchasers. On Tuesday, May 20, 2008 the sale will be open to institutional buyers.
These bonds will be sold in $5,000 denominations and maturities will range from 2009-2018. Investors should contact a licensed broker-dealer if they wish to participate in this sale. Electronic copies of the Preliminary Official Statement may be found at www.munios.com.
Before purchasing any bonds, investors should confer with a tax-advisor to determine any applicable federal, state and local tax consequences. These Bonds may not be sold, nor may offers to buy be accepted, prior to the time an Official Statement is delivered in final form. Under no circumstances shall this announcement constitute an offer to sell or a solicitation to buy, nor shall there be any sale of the Bonds in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.