California Public Works to sell $295.6 million of lease revenue bonds

By Sheri Kasprzak

New York, Nov. 21 - The California Public Works Board is set to price $295.6 million of series 2011 lease revenue bonds during the week of Nov. 21, according to a sales calendar.

The bonds (Aa2/AA) will be sold through senior manager RBC Capital Markets LLC.

Proceeds will be used to fund various capital projects at the University of California's Berkeley, Los Angeles and Merced campuses and make a contribution to the master indenture reserve fund.

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