UPDATE 1-Delaware to sell $340 mln GOs Feb. 18 week-market source

Wed Feb 13, 2013 10:07am EST

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Feb 13 (Reuters) - Delaware is planning to sell $340 million of general obligation bonds during the week of Feb. 18, a market source said on Wednesday.

The sale consists of $115 million of bonds to be sold via a negotiated sale, according to the preliminary official statement.

Bank of America Merrill Lynch is the lead manager on the negotiated portion of the sale.

It also includes $225 million of bonds to be sold on Thursday via a competitive bid sale, according to the POS.

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