Lancaster County schools, Neb., to price $100 million G.O.s Wednesday

By Sheri Kasprzak

New York, Jan. 26 - The Lancaster County School District in Nebraska plans to price $100 million in series 2009 general obligation school bonds, according to a preliminary official statement.

The bonds (Aa1/AAA/) will be sold on a competitive basis with Ameritas Investment Corp. as the financial adviser.

The bonds are due 2010 to 2039, and the maximum coupon for the bonds will be 5.75%.

Proceeds will be used for the construction and renovation of schools within the district.

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