Lexington County School District, S.C., preps $85.18 million of G.O.s

By Sheri Kasprzak

New York, Sept. 13 - The Lexington County School District No. 1 of South Carolina plans to price $85.18 million of series 2013B general obligation bonds on Tuesday, according to a preliminary official statement.

The bonds (Aa1/AA-/) will be sold competitively with Wells Fargo Securities LLC as the financial adviser.

The bonds are due 2018 to 2038.

Proceeds will be used to defray the costs of acquiring school facilities and making capital improvements to the district's facilities.

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