Virginia to sell $68.07 million school bonds for Fluvanna County

By Sheri Kasprzak

New York, Dec. 5 - The Virginia Public School Authority will once again try to sell $68.07 million in series 2008 special obligation school financing bonds for Fluvanna County. The bonds had been expected to price earlier this year but were postponed due to rocky market conditions.

The bonds (A1/AA-/) will be sold through lead manager Wachovia Securities and co-managers J.P. Morgan Securities Inc., Siebert Brandford Shank & Co. and SunTrust Robinson Humphrey.

The bonds are due 2011 to 2026 with term bonds due 2030 and 2035.

Proceeds will be used for school capital improvement projects in Fluvanna County, Va.

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