Philadelphia to sell about $400 mln of GO bonds week of June 24

Wed May 22, 2013 5:06pm EDT

May 22 (Reuters) - Philadelphia plans to sell about $400 million of general obligation bonds during the week of June 24, the city said on Wednesday.

The sale is expected to include $218 million of new general obligation bonds and about $180 of general obligation refunding bonds.

The senior managers of the sale will be Citigroup, and Siebert Brandford Shank & Co, the city said.