Albuquerque Municipal School District No. 12 to sell $134 million bonds

By Cristal Cody

Springdale, Ark., July 30 - Albuquerque Municipal School District No. 12 intends to price $134 million general obligation school building bonds through a competitive sale on Aug. 6, according to a preliminary official statement.

The series 2008B bonds have serial maturities from 2010 through 2023.

RBC Capital Markets is the district's financial adviser.

Proceeds will be used to erect, remodel and furnish school buildings; purchase and improve school grounds; purchase computer equipment and provide matching funds for capital outlay projects.

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