Mesa Unified School District No. 4 in Arizona to price $50 million school improvement bonds

By Cristal Cody

Springdale, Ark., March 20 - The Mesa Unified School District No. 4 in Maricopa County, Ariz., plans to price $50 million of school improvement bonds.

The series 2008C bonds (Aa3/AA-) have maturities in 2009 and 2013 through 2017.

RBC Capital Markets is the underwriter.

The bonds are the third installment of a total of $212.5 million that was approved by voters.

Proceeds will be used for school improvements and to purchase buses.

The district's offices are closed for spring break, and additional information was unavailable.

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