Mobile County, Ala., arranges $100.85 million sale of school warrants

By Sheri Kasprzak

New York, Aug. 27 - The Mobile County Board of School Commissioners of Alabama plans to price $100.85 million of series 2012 capital outlay school warrants, according to a preliminary official statement.

The warrants (/AA-/) will be sold on a negotiated basis with Gardnyr Michael Capital Inc. as the senior manager.

The warrants are due 2013 to 2042.

Proceeds will be used to acquire and construct 2012 school projects within the county.

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