Denver School District No. 1 organizes $533.24 million G.O. bond sale

By Sheri Kasprzak

New York, Dec. 3 - The Denver School District No. 1 of Colorado is set to price $533,235,000 of series 2012 general obligation bonds (Aa2//AA+) during the week of Dec. 3, according to a sales calendar.

The deal includes $450 million of series 2012B tax-exempt G.O. bonds, $16 million of series 2012C taxable qualified zone G.O. bonds and $67,235,000 of series 2012D taxable G.O. refunding bonds.

The 2012B bonds will be sold through Stifel, Nicolaus & Co. Inc. The 2012C-D bonds will be sold through senior manager RBC Capital Markets LLC.

Proceeds will be used to finance capital needs within the district, as well as to refund existing debt.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.