Oregon Trail School District No. 46 to sell $145.37 million G.O.s April 15

By Sheri Kasprzak

New York, April 7 - The Oregon Trail School District No. 46 in Oregon is expected to price $145.365 million in series 2009 general obligation bonds on April 15, according to a sellside source close to the offering.

The bonds will be sold competitively with Seattle-Northwest Securities Inc. as the financial adviser.

The bonds will be sold in two tranches -- $105.89 million in current interest bonds and $39.475 million in deferred interest bonds.

The current interest bonds are due 2011 to 2039 and the deferred interest bonds are due 2031 to 2035.

Proceeds will be used for capital expenditures.

The Oregon Trail School District No. 46 is based in Sandy.

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