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Granite School District, Utah, to price $110 million of G.O. bonds
By Sheri Kasprzak
New York, July 5 - The Granite School District of Utah is slated to sell $110 million of series 2011 general obligation bonds during the week of July 5, said a sales calendar.
The bonds (Aa1/Aaa) will be sold on a negotiated basis with Wells Fargo Securities LLC as the lead manager.
The bonds receive an Aaa enhancement rating, according to Moody's, through Utah's School District Bond Guaranty Program.
Proceeds will be used to construct new school facilities throughout the district.
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