Renton School District No. 403, Wash., to sell $114.9 million bonds

By Cristal Cody

Tupelo, Miss., Aug. 10 - Renton School District No. 403 and King County of Washington intend to price $114.9 million of unlimited tax general obligation and refunding bonds, according to a preliminary official statement.

The series 2012 bonds (Aa2/AA-/) are due Dec. 1, 2012 through Dec. 2031.

The bonds will price through a competitive sale on Aug. 15.

A. Dashen & Associates is the financial advisor.

Proceeds will be used to acquire, construct and install capital improvements to the district's education facilities and to refund outstanding bonds.

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