San Diego Gas & Electric to price $176.27 million in bonds on Thursday

By Sheri Kasprzak

New York, June 5 - The city of Chula Vista in California is scheduled to price $176.265 million in series 2009 industrial development revenue refunding bonds (A1/A+/) for the San Diego Gas & Electric Co. on Thursday, according to a calendar of upcoming deals.

The sale includes $43.615 million in series 2009A bonds, $40 million in series 2009B bonds, $35 million in series 2009C bonds, $24 million in series 2009D bonds, $33.65 million in series 2009E bonds.

Goldman, Sachs & Co. is the senior manager.

Proceeds will be used to refund the company's existing debt.

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