Lee Lake Public Financing, Calif., plans $66.24 million revenue bonds

By Sheri Kasprzak

New York, July 10 - The Lee Lake Public Financing Authority of California plans to price $66,235,000 of series 2013 revenue bonds, according to a preliminary official statement.

The offering includes $48.27 million of series 2013A senior lien bonds (/BBB/) and $17,965,000 of series 2013B junior lien bonds.

Piper Jaffray & Co. is the senior manager for the deal.

Proceeds will be used to refund existing special tax bonds and fund a reserve account.

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