Fremont Union High School District, Calif., to bring $80 million of G.O. bonds

By Sheri Kasprzak

New York, March 4 - The Fremont Union High School District of California is expected to sell $80 million of series 2011 general obligation bonds (Aa1/AA+), said a preliminary official statement.

The sale includes series 2011A current interest bonds, series 2011B capital appreciation bonds, series 2011C convertible capital appreciation bonds and series 2011D qualified school construction bonds.

The exact breakdown of the tranches was unavailable Friday.

Morgan Stanley & Co. Inc. is the senior manager.

Proceeds will be used to upgrade classroom technology and make improvements to school facilities.

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