Virginia Public School organizes $81.68 million school bond offering

By Sheri Kasprzak

New York, Sept. 22 – The Virginia Public School Authority is set to price $81.68 million of series 2014 special obligation school financing bonds, according to a preliminary official statement. Pricing is scheduled for Tuesday.

The bonds (Aaa/AAA/AAA) will be sold on a competitive basis with Davenport & Co. LLC and Public Financial Management Inc. as the financial advisers.

The bonds are due 2015 to 2034.

Proceeds will be used to purchase the general obligation school bonds issued by Prince William County, Va.

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