East Bay Regional parks, Calif., to sell $90.19 million in G.O. bonds

By Sheri Kasprzak

New York, Sept. 24 - The East Bay Regional Park District in California is set to sell $90.19 million in series 2009 general obligation bonds, according to a preliminary official statement.

The sale includes $80 million in series 2009A bonds, $7.41 million in series 2009B G.O. refunding bonds and $2.78 million in series 2009C G.O. refunding bonds.

The bonds (Aa1/AAA/) will be sold on a negotiated basis with Piper Jaffray & Co. and RBC Capital Markets Corp. as the senior managers.

The maturities have not been set.

Proceeds will be used to refund existing debt.

The East Bay Regional Park District is based in Oakland, Calif.

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