San Diego County Water Authority to price $500 million revenue bonds

By Sheri Kasprzak

New York, Jan. 14 - The San Diego County Water Authority is set to price $500 million in series 2010 tax-exempt revenue bonds and Build America Bonds, said a sales calendar.

The bonds (Aa3/AA/AA+) are expected to price during the week. The decision about when to price will be considered on a day-to-day basis.

Citigroup Global Markets Inc. is the lead manager.

Proceeds will be used to fund water and sewer improvements as well as refund existing debt.

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