New Mexico schedules $150 million sale of general obligation bonds

By Sheri Kasprzak

New York, Feb. 9 – The State of New Mexico is expected to price $150 million of series 2015 capital projects general obligation bonds on Feb. 17, according to a preliminary official statement.

The bonds will be sold competitively with Fiscal Strategies Group Inc. as the financial adviser.

The bonds are due 2016 to 2025.

Proceeds will be used to finance the construction, acquisition and improvement of senior centers, library acquisitions and higher education, special schools and tribal school improvements.

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