Contra Costa Water, Calif., preps $100 million water revenue bonds

By Sheri Kasprzak

New York, May 15 - The Contra Costa Water District of California plans to price $100 million of series T water revenue refunding bonds, according to a preliminary official statement.

The bonds (/AA+/AA) will be sold on a negotiated basis with Raymond James/Morgan Keegan as the senior manager. The co-managers are Citigroup Global Markets Inc. and Goldman Sachs & Co.

The maturities have not been set.

Proceeds will be used to advance refund the district's series N water revenue bonds.

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