Chicago Board of Education to sell $254.24 million bonds Thursday

By Sheri Kasprzak

New York, Nov. 30 - The Chicago Board of Education is gearing up to sell its previously announced $254.24 million in series 2009G unlimited tax general obligation bonds and qualified school construction bonds on Thursday, according to a sales calendar.

The bonds (A1/AA/A+) will be sold through lead manager Goldman, Sachs & Co. The co-managers are M.R. Beal & Co. and Ramirez & Co. Inc.

Proceeds will be used to construct qualified schools in the district.

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