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Published on 2/3/2009 in the Prospect News Municipals Daily.

San Diego building authority to price $142.5 million bonds Thursday

By Sheri Kasprzak

New York, Feb. 3 - The San Diego Regional Building Authority plans to sell its previously announced $142.5 million in series 2009A lease revenue bonds Thursday, according to a sales calendar.

The bonds (A1/AA+/AA) will be sold on a negotiated basis with Goldman, Sachs & Co., Citigroup Global Markets Inc. and Loop Capital Markets LLC as the senior managers.

The bonds are due 2010 to 2036.

Proceeds will be used to construct and equip county facilities and to make a deposit to a debt service reserve fund.


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