R.W. Corby & Co. last week announced the sale of $8.5 million of bonds, which will be used by Beckley Water Co. to construct a water treatment plant and water lines.

The bonds, rated A by Standard & Poor's Corp., have maturities ranging from two to 25 years and have a net interest cost of 6.9%. The new plant and lines will serve the city of Beckley and Raleigh County.

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