CHICAGO -- The Cook County, Ill., Board of Commissioners approved on Friday the issuance of approximately $209 million of new general obligation debt and the refunding of up to $250 million of outstanding GO debt.

Phillip Peloquin, executive vice president of Public Sector Group, a private firm that serves as the county's financial adviser, said the new GO debt will probably be priced around Sept. 15 in a deal headed by Kemper Securities Inc.

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