Grossmont Union High School, Calif., to price $55.55 million of bonds

By Sheri Kasprzak

New York, April 27 - The Grossmont Union High School District of California plans to price $55,545,000 of election of 2004 series 2012 general obligation refunding bonds, according to a preliminary official statement.

The bonds (Aa2/AA-/) will be sold on a negotiated basis. The senior managers are De La Rosa & Co. and Stone & Youngberg.

The bonds are due 2012 to 2023.

Proceeds will be used to refund the district's series 2006 G.O. bonds.

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