Albuquerque to price $54.97 million G.O. bonds May 18, advised by RBC

By Sheri Kasprzak

New York, May 11 - The City of Albuquerque in Arizona plans to bring to market $54.97 million in series 2009 general obligation general purpose bonds on May 18, said a preliminary official statement released Monday.

The bonds will be sold competitively with RBC Capital Markets Inc. as the financial adviser.

The bonds are due 2010 to 2018.

Proceeds will be used to fund improvements to streets, parks, public safety facilities, transit facilities and cultural facilities.

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