Lake Oswego, Ore. to bring $60 million in credit obligations May 20

By Sheri Kasprzak

New York, May 11 - The City of Lake Oswego in Oregon is scheduled to price $60 million in series 2009A full-faith and credit obligations on May 20, said a notice of sale.

The bonds (Aa1/AAA/) will be sold on a competitive basis with Western Financial Group LLC as the financial adviser.

The bonds are due 2012 to 2034.

Proceeds will be used to make improvements to the city's wastewater system.

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