Brentwood Infrastructure, Calif., to sell $56.62 million revenue bonds

By Sheri Kasprzak

New York, Oct. 17 - The Brentwood Infrastructure Finance Authority of California is expected to price $56.62 million in series 2008 water revenue bonds, according to a calendar of upcoming sales.

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

The pricing date on the bonds, said a source at the issuer, has been pushed back a few times due to market conditions, but the sale is expected to go through in the coming weeks.

"We're looking at it on a day-to-day basis," the issuer source said.

Proceeds will be used for improvements to the city's water system.

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