Pasadena schools, Calif., to price $125 million in G.O. bonds Tuesday

By Sheri Kasprzak

New York, Aug. 27 - The Pasadena Unified School District in California is scheduled to price $125 million in series 2009A general obligation bonds on Tuesday, according to a sales calendar.

The deal includes $30.895 million in series 2009A-1 tax-exempt bonds and $94.105 million in series 2009A-2 Build America Bonds.

The bonds (Aa3/AA-/) will be sold on a negotiated basis with RBC Capital Markets Inc. as the senior manager.

Proceeds will be used to renovate school facilities throughout the district.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.