El Monte Union High School, Calif., to sell $60 million in G.O. bonds

By Sheri Kasprzak

New York, May 29 - The El Monte Union High School District in California is scheduled to price $60 million in series 2009A unlimited tax general obligation bonds on Tuesday, according to a sales calendar.

The bonds (A2/A+/) will be sold on a negotiated basis with RBC Capital Markets Inc. as the senior manager.

The bonds are due 2010 to 2034.

Proceeds will be used to fund the modernization and new construction of projects at existing school sites.

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