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Published on 3/24/2009 in the Prospect News Municipals Daily.

New Issue: Board of Education of Alpine School District, Utah, sells $68 million G.O. bonds at 4.0721732%

By Aaron Hochman-Zimmerman

New York, March 24 - The Board of Education of Alpine School District in Utah priced $68 million of series 2009 Utah School Bond Guaranty Program general obligation school building bonds (Aaa//), according to Greg Holbrook, director of accounting.

Wachovia Bank won the auction for the competitively sold bonds with a bid of 4.0721732% TIC. Zions Bank Public Finance acted as financial advisor.

The bonds carry serial maturities from 2010 to 2027.

Proceeds will be used for school projects.

The Board of Education of Alpine School District is headquartered in American Fork, Utah.

Issuer: Board of Education of Alpine School District

Issue: Series 2009 general obligation school building bonds

Amount:$68 million
Maturities:2010 to 2027
TIC: 4.0721732%
Type: Competitive
Underwriter:Wachovia Bank
Pricing date:March 24

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