Maricopa County Community College District, Ariz., to price $150 million of G.O.s Thursday

By Sheri Kasprzak

New York, May 6 - The Maricopa County Community College District of Arizona is set to sell $150 million of series 2011 general obligation bonds on Thursday, said a preliminary official statement.

The bonds (Aaa/AAA/AAA) will be sold on a negotiated basis with Citigroup Global Markets Inc. as the senior manager. The co-managers are Bank of America Merrill Lynch, J.P. Morgan Securities LLC, Ramirez & Co. Inc. and Wedbush Securities Inc.

The bonds are due 2016 to 2025.

Proceeds will be used to upgrade the district's educational facilities, as well as purchase equipment.

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