Tucson Unified School District No. 1 to price $57 million school improvement bonds

By Cristal Cody

Springdale, Ark., July 3 - The Tucson Unified School District No. 1 of Pima County in Arizona intends to price $57 million school improvement bonds, according to a preliminary official statement.

The series 2008D bonds (A1/A+/) have maturities in 2009, 2012 and 2015 through 2027.

The sale will be in July, according to the statement.

RBC Capital Markets will manage the negotiated sale. Co-managers are Citigroup Global Markets and Peacock, Hislop, Staley & Given Inc.

Proceeds will be used for school improvements.

Calls for additional information were not returned by press time.

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