Kern Community College, Calif., plans $98.99 million G.O. bond sale

By Sheri Kasprzak

New York, June 17 - The Kern Community College District of California plans to price $98,985,000 of series 2013 general obligation bonds, according to a preliminary official statement.

The deal includes $54,805,000 of series 2013C G.O. bonds, $10,375,000 of series 2013 G.O. refunding bonds and $33,805,000 of series 2013 taxable G.O. refunding bonds.

The bonds (Aa2) will be sold through senior manager Piper Jaffray & Co.

Proceeds will be used to finance capital projects for the district, as well as to refund existing G.O. debt.

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