Albuquerque, N.M., to sell $78.87 million G.O. bonds via RBC on Monday

By Sheri Kasprzak

New York, April 12 - The City of Albuquerque, N.M., is set to price $78,865,000 of series 2012 general obligation bonds on Monday, according to a notice of sale.

The offering includes $70,765,000 of series 2012A general purpose bonds and $8.1 million of series 2012B storm sewer bonds.

The 2012A bonds are due 2013 to 2024 and the 2012B bonds are due 2024 to 2025.

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

Proceeds will be used to finance public safety projects, citizens' centers, libraries, public transportation projects, cultural facilities, the city's zoo and biological park, storm sewers and streets.

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