Los Angeles Community College arranges $307 million G.O. bond offering

By Sheri Kasprzak

New York, May 22 - The Los Angeles Community College District plans to sell $307 million of series 2013 general obligation bonds on May 29, according to a notice of sale.

The deal includes $250 million of election of 2008 series F bonds and $57 million of series 2013 G.O. refunding bonds.

The bonds (/AA/) will be sold competitively with KNN Public Finance as the financial adviser.

The maturities have not been set.

Proceeds will be used to finance classroom, laboratory and equipment improvements, as well as to refund existing bonds.

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