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Published on 2/25/2009 in the Prospect News Municipals Daily.

New Issue: Marion County School District No. 24J, Ore., prices $192 million in G.O. bonds

By Aaron Hochman-Zimmerman

New York, Feb. 13 - The Marion County School District No. 24J in Oregon priced $192 million series 2009 general obligation bonds (A1/AA-), according to Tim Viles, the district's financial services director.

Seattle Northwest Securities Corp. acted as underwriter for the negotiated deal.

Proceeds will be used for capital construction projects throughout the district.

The district is located in Salem, Ore.

Issuer: Marion County School District No. 24J

Issue: Series 2009 general obligation bonds

Amount:$192 million
Underwriter:Seattle Northwest Securities Corp.
Pricing date:Feb. 25
Ratings:Moody's: A1
Standard & Poor's: AA-

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